Anita pays 50% of the total cost for her benefits, her employer pays the other 50%. The totalmonthly premium for health is $167.50 and $75.50 for dental. She is paid weeklyWhat is the total combined (health & dental) amount payable recorded for this pay period?

Total Combined benefit payable = Health premium + Dental Premium = $167.50 +$75.50 = $243 Since…

Answered: Anita pays 50% of the total cost for…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Anita pays 50% of the total cost for her benefits, her employer pays the other 50%. monthly premium for health is $167.50 and $75.50 for dental. She is paid weekly The What is the total combined (health & dental) amount payable recorded for this pay period?