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Wharfside Manufacturing Estimates That Its Office Employees Will Earn $50,000

Question 65

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Wharfside Manufacturing 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: $0.37 per $100 of wages for the office employees and $4.00 per $100 of wages for the factory employees.Compute the estimated premiums for the office and factory employees.

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