Find RATE OF BURDENED HOURLY PAY Craft-Mason $29.00 per hour is the going rate 50 hours per week for 20 weeks, and 40 hours per week for 29 weeks, were worked.  Paid time off for holidays, sick days, and vacation: three weeks at a 40-hour workweek Time-and-a-half for any hours worked in excess of forty each week  Monthly petrol allowance of $100 $500 in annual bonus 6.2% of the first $106,800 in salary is allocated to social security. Medicare accounts for 1.45% of all wages. On the first $7,000 in salary, FUTA is 0.8%. On the first $18,000 in salary, SUTA is 4.5 percent. Worker's compensation insurance costs $7.25 for every $100 in earnings. General liability protection0.75 percent less than wages $300 per month for health insurance (company's contribution). employee 6% of an employee's salary, or $7.75 for every $1.00 paid by the employee, goes towards retirement.

Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter9: Pricing Construction Equipment
Section: Chapter Questions
Problem 6RQ
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Civil Find RATE OF BURDENED HOURLY PAY

Craft-Mason

$29.00 per hour is the going rate
50 hours per week for 20 weeks, and 40 hours per week for 29 weeks, were worked. 
Paid time off for holidays, sick days, and vacation: three weeks at a 40-hour workweek
Time-and-a-half for any hours worked in excess of forty each week 
Monthly petrol allowance of $100
$500 in annual bonus
6.2% of the first $106,800 in salary is allocated to social security.

Medicare accounts for 1.45% of all wages. On the first $7,000 in salary, FUTA is 0.8%.

On the first $18,000 in salary, SUTA is 4.5 percent.

Worker's compensation insurance costs $7.25 for every $100 in earnings.

General liability protection0.75 percent less than wages $300 per month for health insurance (company's contribution).

employee 6% of an employee's salary, or $7.75 for every $1.00 paid by the employee, goes towards retirement.

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