Blue's Tax Service has two types of employees,management and clerical support.The company estimates that it will pay the clerical support $300,000 next year and the managers $255,000.For every $100,the company pays $0.14 into the workers' compensation insurance.Calculate the amount of worker's compensation insurance.
A)$777
B)$336
C)$441
D)None of the above are correct.

Question

Quizplus · Accepted Answer

The total amount paid to employees is $300,000 + $255,000 = $555,000. The amount of worker's compensation insurance is $555,000 x 0.14 = $777.

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