Required: Complete the following Benefits Analysis Report for Tristan Cassidy for 2022 Note: Round your answers to 2 decimal places. Enter ell amounts es positive values. Yearly Benefit Costs Medical insurance Dental insurance Life insurance AD&D Short-term disability Long-term disability 40100 Social security Medicare Tuition reimbursement Total yearly benefit costs Tristan's annual salary Total value of Tristan's compensation Company Cost $7 $ 3 3 S $ 13,000.00 030.00 1,400.00 145.00 550.00 290 00 5,800.00 Tristan's Cost O
Required: Complete the following Benefits Analysis Report for Tristan Cassidy for 2022 Note: Round your answers to 2 decimal places. Enter ell amounts es positive values. Yearly Benefit Costs Medical insurance Dental insurance Life insurance AD&D Short-term disability Long-term disability 40100 Social security Medicare Tuition reimbursement Total yearly benefit costs Tristan's annual salary Total value of Tristan's compensation Company Cost $7 $ 3 3 S $ 13,000.00 030.00 1,400.00 145.00 550.00 290 00 5,800.00 Tristan's Cost O
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Subject: accounting

Transcribed Image Text:Oak Cove Resorts has 14 employees. The owner wants to perform a benefits analysis report for the year for one of its employees.
Tristan Cassidy. Tristan's benefits package is as follows:
Annual salary: $43,400
401(k) contribution: 8 percent of annual salary, the company match is half of the employee's contribution, up to 5 percent of the
employee's annual salary.
Medical insurance deduction: $349 per month
Dental insurance: $30 per month
Required:
Complete the following Benefits Analysis Report for Tristan Cassidy for 2022
Note: Round your answers to 2 decimal places. Enter all amounts as positive values.
Yearly Benefit Costs
Medical insurance
Dental insurance
Life insurance
AD&D
Short-term disability
Long-term disability
401(k)
Social security
Medicare
Tuition reimbursement
Total yearly benefit costs
Tristan's annual salary
Total value of Tristan's compensation
Company Cost Tristan's Cost
13,020.00
930.00
S
$
S
3
$
$
$
1,400.00
145.00
530.00
290.00
5.800.00
0
M
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON

Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education

Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education