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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Question

Subject: accounting 

 

 

 

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
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
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