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estimates that its office employees will earn $50,000 next year and its factory employees will earn $260,000. The firm pays the following rates for workers’ compensation insurance: $0.42 per $100 of wages
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19 votes
19 votes
estimates that its office employees will earn $50,000 next year and its factory employees will earn $260,000. The firm pays the following rates for workers’ compensation insurance: $0.42 per $100 of wages for the office employees and $4.60 per $100 of wages for the factory employees. Compute the estimated premiums for the office and factory employees.

estimates that its office employees will earn $50,000 next year and its factory employees-example-1
User Shawnwall
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17 votes
17 votes
If the business is doing good then it would be bringing in 20000 dollars of profit as they keep bringing in money and the wages are 4.55
User BatyrCan
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