
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 95
Jiffy Janitorial Service employs 48 workers and has a gross payroll of $25,200 per week. Fringe benefits are 6.4% for sick days and holiday leave, 5.8% for health and hospital insurance, and $14.50 per employee per week for uniform allowance.
a. What is the total weekly cost of fringe benefits for Jiffy?
b. What percent of payroll does this represent?
c. What is Jiffy's annual cost of fringe benefits?

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

b. What percent of payroll does this represent?

c. What is Jiffy's annual cost of fringe benefits?

Explanation
(a) The gross payroll of employees of Ji...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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