From the Following Data,calculate the Estimate Annual Advance Premium for Workers

Essay

From the following data,calculate the estimate annual advance premium for workers' compensation insurance and record it in general journal form.
$$\begin{array} { l c c } \text { Department } & \text { Estimated Payroll } & \text { Rate per } \$ 100 \\\text { Office } & \$ 50,000 & \$ 0.24 \\\text { Warehouse } & 40,000 & 1.40 \\\text { Sales } & 75,000 & 0.90\end{array}$$