National Storage employs 88 workers with a gross monthly payroll of $135,000. Fringe benefits are 8.4% of payroll for a profit sharing plan and $9.27 per employee for life insurance. What percentage of payroll is the total cost of fringe benefits? Round your answer to the nearest then the of a percent.

National Storage employs 88 workers with a gross monthly payroll of $135,000. Fringe benefits are 8.4% of payroll for a profit sharing plan and $9.27 per employee for life insurance. What percentage of payroll is the total cost of fringe benefits? Round your answer to the nearest then the of a percent.

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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