Trailers of the World has a small group of four employees. Trailers take part in a defined contribution plan and pay the required government contribution of 9 per cent plus an additional 4 per cent to reward its employees. Based on the employee earnings below, what is Trailers' superannuation obligation for the year?

Question

Trailers of the World has a small group of four employees. Trailers take part in a defined contribution plan and pay the required government contribution of 9 per cent plus an additional 4 per cent to reward its employees. Based on the employee earnings below, what is Trailers' superannuation obligation for the year?
Trailers of the World has a small group of four employees. Trailers take part in a defined contribution plan and pay the required government contribution of 9 per cent plus an additional 4 per cent to reward its employees. Based on the employee earnings below, what is Trailers' superannuation obligation for the year? A) $10,920. B) $23,660. C) $47,320. D) $16,380. E) None of the given answers.

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The Answer of Trailers of the World has a small group of four employees. Trailers take part in a defined contribution plan and pay the required government contribution of 9 per cent plus an additional 4 per cent to reward its employees. Based on the employee earnings below, what is Trailers' superannuation obligation for the year?

Trailers of the World Has a Small Group of Four