Contemporary Mathematics for Business & Consumers - With LMS CengageNOW

8th Edition

ISBN: 9781337125468

Author: Brechner

Publisher: Cengage

See similar textbooks

Videos

Textbook Question

Chapter 9.III, Problem 12RE

North Beach Limousine Service employs 166 workers and has a gross payroll of $154,330 per week. Fringe benefits are 4 1 2 % of gross payroll for sick days and maternity leave. 7.4% for health insurance. 3.1% for the retirement fund, and $26.70 per employee per week for a stock purchase plan.

a. What is the total weekly cost of fringe benefits for the company?

b. What percent of payroll does this represent? Round to the nearest tenth of a percent.

c. What is the company’s annual cost of fringe benefits?

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Chapter 9.III, Problem 11RE

Chapter 9.III, Problem 13RE

Students have asked these similar questions

100 identical balls are rolling along a straight line. They all have speed equal to v, but some of them might move in opposite directions. When two of them collide they immediately switch their direction and keep the speed v. What is the maximum number of collisions that can happen? Let f(w) be a function of vector w Є RN, i.e. f(w) = 1+e Determine the first derivative and matrix of second derivatives off with respect to w. Let A Є RN*N be a symmetric, positive definite matrix and bЄ RN a vector. If x ER, evaluate the integral Z(A,b) = e¯xAx+bx dx as a function of A and b. John throws a fair die with faces labelled 1 to 6. ⚫ He gains 10 points if the die shows 1. ⚫ He gains 1 point if the die shows 2 or 4. • No points are allocated otherwise. Let X be the random variable describing John's gain at each throw. Determine the variance of X.

A 20 lb horizontal force P acts on a bell crank as shown below. (a) Replace P with an equivalent force-couple system at B. (b) Find the two vertical forces at C and D which are equivalent to the couple found in part a

Please solve and explain

Chapter 9 Solutions

Contemporary Mathematics for Business & Consumers - With LMS CengageNOW

Ch. 9.I - An executive of a large manufacturing company...Ch. 9.I - Rick Morton works as a delivery truck driver for...Ch. 9.I - George Lopez works at a tire manufacturing plant....Ch. 9.I - You are the payroll manager for Trendy Toys, Inc.,...Ch. 9.I - Alexa Walsh sells for Supreme Designs, a...Ch. 9.I - Mike Lamb sells copiers for Royal Business...Ch. 9.I - Ed Diamond is a sales representative for Jersey...Ch. 9.I - Howard Lockwood sells for Catalina Designs, Inc....Ch. 9.I - Calculate the gross earnings per pay period for...Ch. 9.I - Calculate the gross earnings per day period for...

Ch. 9.I - Calculate the gross earnings per pay period for...Ch. 9.I - Calculate the gross earnings per day period for...Ch. 9.I - Prob. 5RE Ch. 9.I - Calculate the gross earnings per pay period for...Ch. 9.I - Prob. 7RE Ch. 9.I - Mary Jo Prenaris is an office manager with gross...Ch. 9.I - 9. Deb O’Connell is an accounting professional...Ch. 9.I - 10. Jennifer Brunner works 40 hours per week as a...Ch. 9.I - 11. Alan Kimball earns $22.34 per hour as a...Ch. 9.I - 12. Paul Curcio earns $8.25 per hour for regular...Ch. 9.I - Prob. 13RE Ch. 9.I - As the payroll manager for Stargate Industries,...Ch. 9.I - Prob. 15RE Ch. 9.I - As the payroll manager for Stargate Industries,...Ch. 9.I - Prob. 17RE Ch. 9.I - Calculate last week’s total gross pay for each of...Ch. 9.I - Prob. 19RE Ch. 9.I - Prob. 20RE Ch. 9.I - 21. Katrina Byrd assembles motor mounts for C-207...Ch. 9.I - 22. Bob Farrell works for a company that...Ch. 9.I - 23. What is the total gross pay for a salesperson...Ch. 9.I - Pamela Mello is paid on an incremental commission...Ch. 9.I - Dory Schrader is a buyer for Oceans of Notions....Ch. 9.I - Thomas Rendells company pays him a straight 6%...Ch. 9.I - 27. Katie Jergens works for Dynamic Designs...Ch. 9.I - 28. Jerry King is a server in a restaurant that...Ch. 9.II - What are the withholdings for social security and...Ch. 9.II - Rick Nicotera has year-to-date earnings of...Ch. 9.II - Jan McMillan is married, claims five exemptions,...Ch. 9.II - Using the combined wage bracket tables, what is...Ch. 9.II - Solve the following problems using 6.2%, up to...Ch. 9.II - Solve the following problems using 6.2%, up to...Ch. 9.II - Solve the following problems using 6.2%, up to...Ch. 9.II - Solve the following problems using 6.2%, up to...Ch. 9.II - As the payroll manager for Freeport enterprises,...Ch. 9.II - As the payroll manager for Freeport enterprises,...Ch. 9.II - As the payroll manager for Freeport enterprises,...Ch. 9.II - As the payroll manager for Freeport enterprises,...Ch. 9.II - Use the percentage method of income tax...Ch. 9.II - Use the percentage method of income tax...Ch. 9.II - Prob. 11RE Ch. 9.II - Use the percentage method of income tax...Ch. 9.II - Use the combined wage bracket tables, Exhibits 9-3...Ch. 9.II - Use the combined wage bracket tables, Exhibits 9-3...Ch. 9.II - Use the combined wage bracket tables, Exhibits 9-3...Ch. 9.II - Marital Withholding Gross Combined Employee Status...Ch. 9.II - Prob. 17RE Ch. 9.II - ...Ch. 9.II - Marital Withholding Gross Combined Employee Status...Ch. 9.III - Big Pine Tree Service has 18 employees, 12 with...Ch. 9.III - Les Roberts, a self-employed commercial artist,...Ch. 9.III - Prob. 15TIE Ch. 9.III - Prob. 16TIE Ch. 9.III - Prob. 17TIE Ch. 9.III - Prob. 1RE Ch. 9.III - Prob. 2RE Ch. 9.III - 3. Arrow Asphalt & Paving Company has 24...Ch. 9.III - What are the social security and Medicare taxes...Ch. 9.III - 5. What are the social security and Medicare taxes...Ch. 9.III - Lee Sutherlin is a self-employed electrical...Ch. 9.III - Prob. 7RE Ch. 9.III - Prob. 8RE Ch. 9.III - Prob. 9RE Ch. 9.III - 10. Amazon Appliance Company has three installers....Ch. 9.III - Jiffy Janitorial Service employs 48 workers and...Ch. 9.III - North Beach Limousine Service employs 166 workers...Ch. 9.III - Marc Batchelor, a self-employed sales consultant,...Ch. 9 - Gross pay is the amount of earnings before payroll...Ch. 9 - 2. Annual salaries are commonly prorated to be...Ch. 9 - Prob. 3CR Ch. 9 - Prob. 4CR Ch. 9 - Prob. 5CR Ch. 9 - 6. A draw against commission is commission paid in...Ch. 9 - Prob. 7CR Ch. 9 - Prob. 8CR Ch. 9 - In addition to social security and Medicare tax...Ch. 9 - Prob. 10CR Ch. 9 - Prob. 11CR Ch. 9 - Prob. 12CR Ch. 9 - A plan whereby employees are given a menu of...Ch. 9 - Prob. 14CR Ch. 9 - 1. Bill Pearson earns $2,800 semimonthly as a...Ch. 9 - 2. Barbara Sultan works 40 hours per week as a...Ch. 9 - Eric Shotwells company pays him $18.92 per hour...Ch. 9 - 4. Mitch Anderson is a security guard. He earns...Ch. 9 - 5. Fergie Nelson assembles toasters for the Gold...Ch. 9 - Prob. 6AT Ch. 9 - Calculate the gross earnings for the following...Ch. 9 - Prob. 8AT Ch. 9 - Calculate the gross earnings for the following...Ch. 9 - Prob. 10AT Ch. 9 - Calculate the gross earnings for the following...Ch. 9 - Calculate the gross earnings for the following...Ch. 9 - Solve the following problems using 6.2% up to...Ch. 9 - Solve the following problems using 6.2% up to...Ch. 9 - Use the percentage method to solve the...Ch. 9 - Use the combined wage bracket tables. Exhibits 9-3...Ch. 9 - Use the combined wage bracket tables. Exhibits 9-3...Ch. 9 - Prob. 18AT Ch. 9 - Prob. 19AT Ch. 9 - 20. Paul Warren is a self-employed mechanic. Last...Ch. 9 - Tim Ries earns $48,320 annually as a supervisor...Ch. 9 - 22. Universal Exporting has three warehouse...Ch. 9 - Sky High Crane Company employs 150 workers and has...Ch. 9 - 24. Ransford Alda is a self-employed security...

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.