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Question 112

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Stone Corporation has 25 employees and incurs total wages and salaries expense of $900,000 per year.The following table shows various payroll amounts as a percentage of this annual wage and salaries expense: In addition,Stone provides group health insurance for its entire workforce.The cost of this insurance is $350 per month per employee.
[The following information applies to the questions displayed below.] Stone Corporation has 25 employees and incurs total wages and salaries expense of $900,000 per year.The following table shows various payroll amounts as a percentage of this annual wage and salaries expense: In addition,Stone provides group health insurance for its entire workforce.The cost of this insurance is $350 per month per employee.    In addition,Stone provides group health insurance for its entire workforce.The cost of this insurance is $350 per month per employee. -Employees' annual  take-home-pay,  totals approximately: A) $672,300. B) $762,300. C) $675,000. D) $741,150. In addition,Stone provides group health insurance for its entire workforce.The cost of this insurance is $350 per month per employee.
-Employees' annual "take-home-pay," totals approximately:


A) $672,300.
B) $762,300.
C) $675,000.
D) $741,150.

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