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Stone Corporation has 25 employees and incurs total wages and salaries expense of $900,000 per year.The following table shows various payroll amounts as a percentage of this annual wage and salaries expense: In addition,Stone provides group health insurance for its entire workforce.The cost of this insurance is $350 per month per employee.
In addition,Stone provides group health insurance for its entire workforce.The cost of this insurance is $350 per month per employee.
-Employees' annual "take-home-pay," totals approximately:
A)$672,300.
B)$762,300.
C)$675,000.
D)$741,150.

Question

[The following information applies to the questions displayed below.]
Stone Corporation has 25 employees and incurs total wages and salaries expense of $900,000 per year.The following table shows various payroll amounts as a percentage of this annual wage and salaries expense: In addition,Stone provides group health insurance for its entire workforce.The cost of this insurance is $350 per month per employee.
  In addition,Stone provides group health insurance for its entire workforce.The cost of this insurance is $350 per month per employee.
-Employees' annual "take-home-pay," totals approximately:
A)$672,300. 
B)$762,300. 
C)$675,000. 
D)$741,150.

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The Answer of [The following information applies to the questions displayed below.]
Stone Corporation has 25 employees and incurs total wages and salaries expense of $900,000 per year.The following table shows various payroll amounts as a percentage of this annual wage and salaries expense: In addition,Stone provides group health insurance for its entire workforce.The cost of this insurance is $350 per month per employee.
  In addition,Stone provides group health insurance for its entire workforce.The cost of this insurance is $350 per month per employee.
-Employees' annual "take-home-pay," totals approximately:
A)$672,300. 
B)$762,300. 
C)$675,000. 
D)$741,150.

[The Following Information Applies to the Questions Displayed Below