Blue's Tax Service has two types of employees, management and clerical support. The company estimates that it will pay the clerical support $240,000 next year and the managers $315,000. For every $100, the company pays $0.14 into the workers' compensation insurance. Calculate the amount of worker's compensation insurance.

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Quizplus · Accepted Answer

The total amount paid to employees is $240,000 + $315,000 = $555,000. The amount of worker's compensation insurance is $555,000 * 0.14 = $777.

Blue's Tax Service Has Two Types of Employees, Management and Clerical