Final answer:
The correct answer is A. $12,304.00. The rate of benefits for Langston Hughes is calculated by adding up the value of all his benefits, including vacation, holidays, health insurance premium, sick leave, Social Security, and Medicare. Adding up all the benefits, Langston's rate of benefits is $5,900 + $2,357 + $2,700 + $8,900 + $4,758 + $1,114 = $25,729.
Step-by-step explanation:
The rate of benefits for Langston Hughes can be calculated by adding up the value of all the benefits he receives. Let's break it down: 4-week vacation: Since Langston earns $76,700 annually, his 4-week vacation would be worth 4/52 * $76,700 = $5,900 8 holidays per year: Assuming each holiday is worth one day of pay, Langston's holiday benefits would be worth 8/260 * $76,700 = $2,357 Monthly health insurance premium: Langston pays $225 per month for health insurance, so his annual premium is $225 * 12 = $2,700 30-day sick leave holiday: Assuming each sick leave day is worth one day of pay, Langston's sick leave benefits would be worth 30/260 * $76,700 = $8,900.
Social Security: Langston contributes 6.2% of his salary towards Social Security, so his Social Security benefits are 6.2% * $76,700 = $4,758 Medicare: Langston contributes 1.45% of his salary towards Medicare, so his Medicare benefits are 1.45% * $76,700 = $1,114 Adding up all the benefits, Langston's rate of benefits is $5,900 + $2,357 + $2,700 + $8,900 + $4,758 + $1,114 = $25,729. Therefore, the correct answer is A. $12,304.00.