Kazana Medical Supplies estimates that its office employees will earn $215,000 next year and its factory employees will earn $970,000. The firm pays the following rates for workers' compensation insurance: $0.60 per $100 of wages for the office employees and $8.40 per $100 of wages for the factory employees. Determine the estimated premium for each group of employees and the total estimated premium for next year. (Round “Rate” answers to 3 decimal places. i.e., 12.3% should be entered as 0.123) Work Classification X Answer is complete but not entirely correct. Estimated Rate Estimated Earnings Premium $ 215,000 0.600 Ⓡ$ 129,000 970,000 8.400 Ⓡ 8,148,000 8,277,000 Office Factory Total
The post Kazana Medical Supplies estimates that its office employees will earn $215,000 next year and its fac appeared first on Homework Gig.