menu
bartleby
search
close search
Hit Return to see all results
Subscribe
Sign in
Subjects
Business
Accounting
Economics
Finance
Leadership
Management
Marketing
Operations Management
Engineering
Bioengineering
Chemical Engineering
Civil Engineering
Computer Engineering
Computer Science
Electrical Engineering
Mechanical Engineering
Math
Advanced Math
Algebra
Calculus
Geometry
Probability
Statistics
Trigonometry
Science
Advanced Physics
Biochemistry
Biology
Chemistry
Earth Science
Health & Nutrition
Nursing
Physics
Social Science
Anthropology
Psychology
Sociology

Math
Advanced MathContemporary Mathematics for Business & Consumers8th Edition

close solutoin list
Chapter 9.III, Problem 16TIE
BuyFindarrow_forward

Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

Solutions

Chapter
Section
Problem 13TIE
Problem 14TIE
Problem 15TIE
Problem 16TIE
Problem 17TIE
Problem 1RE
Problem 2RE
Problem 3RE
Problem 4RE
Problem 5RE
Problem 6RE
Problem 7RE
Problem 8RE
Problem 9RE
Problem 10RE
Problem 11RE
Problem 12RE
Problem 13RE
Problem 14RE
BuyFindarrow_forward

Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

Dynamo Productions employs 250 workers with a gross payroll of $123,400 per week. Fringe benefits are 5% of gross payroll for sick days and holiday leave, 8% for health insurance, and $12.40 per employee for dental insurance.

a. What is the total weekly cost of fringe benefits for Dynamo?

b. What percent of payroll does this represent?

c. What is the cost of these fringe benefits to the company for a year?

(a)

To determine

To calculate: The total weekly cost of fringe benefits of dynamo productions. They employ 250

workers with gross payroll of $123,400 per week with fringe benefits are 5% of gross payroll

for sick days and holiday leave 8% for health insurance and $12.40 per employee for dental

insurance.

Explanation

Given Information:

Total number of employers in dynamo production is 250 with gross payroll $123,400.

Fringe benefits are 5% of gross payroll for sick and holiday leave 8% of gross payroll for health

insurance and $12.40 for dental insurance.

Formula used:

Perform following steps to find fringe benefits expense:

Step 1: When fringe benefit is percent of gross payroll then multiply that percent with gross payroll.

Step 2: If fringe benefit is dollar amount per employee then multiply the dollar amount with the

number of employees.

Step 3: Total fringe benefit is addition of all the individual fringe benefits amount obtained from

Calculation:

Consider the gross payroll of dynamo productions $123,400.

Now, for sick days or holiday leave fringe benefits is 5% of gross payroll is:

123,400×5100=123,400×0.05                   =$6170

For health insurance fringe benefit is 8% multiply by gross payroll:

123,400×8100=123,400×0

(b)

To determine

To calculate: The percentage of payroll $123,400 the fringe benefit $19,142 represent.

(c)

To determine

To calculate: The cost of fringe benefit $19,142 for one year.

Still sussing out bartleby?

Check out a sample textbook solution.

See a sample solution
arrow_back
Chapter 9.III,
Problem 15TIE
Chapter 9.III,
Problem 17TIE
arrow_forward

The Solution to Your Study Problems

Bartleby provides explanations to thousands of textbook problems written by our experts, many with advanced degrees!

Get Started

Chapter 9 Solutions

Show all chapter solutions add
Sect-9.I P-1TIESect-9.I P-2TIESect-9.I P-3TIESect-9.I P-4TIESect-9.I P-5TIESect-9.I P-6TIESect-9.I P-7TIESect-9.I P-8TIESect-9.I P-1RESect-9.I P-2RE
Sect-9.I P-3RESect-9.I P-4RESect-9.I P-5RESect-9.I P-6RESect-9.I P-7RESect-9.I P-8RESect-9.I P-9RESect-9.I P-10RESect-9.I P-11RESect-9.I P-12RESect-9.I P-13RESect-9.I P-14RESect-9.I P-15RESect-9.I P-16RESect-9.I P-17RESect-9.I P-18RESect-9.I P-19RESect-9.I P-20RESect-9.I P-21RESect-9.I P-22RESect-9.I P-23RESect-9.I P-24RESect-9.I P-25RESect-9.I P-26RESect-9.I P-27RESect-9.I P-28RESect-9.II P-9TIESect-9.II P-10TIESect-9.II P-11TIESect-9.II P-12TIESect-9.II P-1RESect-9.II P-2RESect-9.II P-3RESect-9.II P-4RESect-9.II P-5RESect-9.II P-6RESect-9.II P-7RESect-9.II P-8RESect-9.II P-9RESect-9.II P-10RESect-9.II P-11RESect-9.II P-12RESect-9.II P-13RESect-9.II P-14RESect-9.II P-15RESect-9.II P-16RESect-9.II P-17RESect-9.II P-18RESect-9.II P-19RESect-9.III P-13TIESect-9.III P-14TIESect-9.III P-15TIESect-9.III P-16TIESect-9.III P-17TIESect-9.III P-1RESect-9.III P-2RESect-9.III P-3RESect-9.III P-4RESect-9.III P-5RESect-9.III P-6RESect-9.III P-7RESect-9.III P-8RESect-9.III P-9RESect-9.III P-10RESect-9.III P-11RESect-9.III P-12RESect-9.III P-13RECh-9 P-1CRCh-9 P-2CRCh-9 P-3CRCh-9 P-4CRCh-9 P-5CRCh-9 P-6CRCh-9 P-7CRCh-9 P-8CRCh-9 P-9CRCh-9 P-10CRCh-9 P-11CRCh-9 P-12CRCh-9 P-13CRCh-9 P-14CRCh-9 P-1ATCh-9 P-2ATCh-9 P-3ATCh-9 P-4ATCh-9 P-5ATCh-9 P-6ATCh-9 P-7ATCh-9 P-8ATCh-9 P-9ATCh-9 P-10ATCh-9 P-11ATCh-9 P-12ATCh-9 P-13ATCh-9 P-14ATCh-9 P-15ATCh-9 P-16ATCh-9 P-17ATCh-9 P-18ATCh-9 P-19ATCh-9 P-20ATCh-9 P-21ATCh-9 P-22ATCh-9 P-23ATCh-9 P-24AT

Additional Math Solutions

Find more solutions based on key concepts

Show solutions add

Grade: Weighted Average Professor Cramer determines a final grade based on attendance, two papers, three major ...

Understanding Basic Statistics

Sketch the graphs of the equations in Exercises 512. 2y+x=1

Finite Mathematics

In Exercises 34 and 35, give a paragraph proof for each claim. The total area T of a right circular cylinder wh...

Elementary Geometry For College Students, 7e

What term is used for the statistical techniques that use sample data to draw conclusions about the population ...

Essentials of Statistics for The Behavioral Sciences (MindTap Course List)

In Exercises 14, complete the given tables. Exponential Form 102=100 43=64 44=256 0.450=1 81/2=22 43=164 Logari...

Finite Mathematics and Applied Calculus (MindTap Course List)

Use the given graph of f to find a number such that if0x3thenf(x)20.5

Single Variable Calculus

Construct a difference table to predict the next term of each sequence. 10,10,12,16,22,30,...

Mathematical Excursions (MindTap Course List)

If V is the volume of a cube with edge length x and the cube expands as time passes, find dV/dt in terms of dx/...

Calculus: Early Transcendentals

GER Are senior citizens who live in retirement communities more socially active than those who live in age-inte...

Essentials Of Statistics

When a dart is thrown at a circular target, consider the location of the landing point relative to the bulls ey...

Probability and Statistics for Engineering and the Sciences

In Exercises 7-28, perform the indicated operations and simplify each expression. 8. x26x+9x2x63x+62x27x+3

Applied Calculus for the Managerial, Life, and Social Sciences: A Brief Approach

Evaluate expressions in Exercises 3756, rounding your answer to four significant digits where necessary. 81164

Applied Calculus

Simplify the algebraic expressions in Problems 1-14 by com- bining similar terms. Objective 1 5a26a2

Intermediate Algebra

Finding One-Sided Limits In Exercises 65 and 66, use a graph to find the limit from the left and the limit from...

Calculus: An Applied Approach (MindTap Course List)

In Problems 19-26, find the derivative of each function. 25.

Mathematical Applications for the Management, Life, and Social Sciences

Solve the inequality in terms of intervals and illustrate the solution set on the real number line. 25. (x 1)(...

Single Variable Calculus: Early Transcendentals, Volume I

Finding a Second Derivative In Exercises 89-92, find the second derivative of the function. f(x)=cotx

Calculus: Early Transcendental Functions

Prove the statement using the precise definition of a limit. limx2(145x)=4

Calculus (MindTap Course List)

Find the area of the region enclosed by one loop of the curve. 21. r = 1 + 2 sin (inner loop)

Multivariable Calculus

Mix a solution that is 50% acid with a solution that is 100% water to make 4 L of a solution that is 10% acid. ...

Elementary Technical Mathematics

For the following set of scores: 9, 6, 7, 5, 4, 10, 8, 9, 5, 7, 2, , 7, 8, 8, 7, 4, 6, 3, 8, 9, 9, 6 Construct ...

Statistics for The Behavioral Sciences (MindTap Course List)

Earthquake Magnitude and Intensity (a) Find the magnitude of an earthquake that has an intensity that is 31.25 ...

Precalculus: Mathematics for Calculus (Standalone Book)

Using the Integral Test In Exercises 29-32, use the Integral Test to determine the convergence or divergence of...

Calculus of a Single Variable

Prove that if m0 and (a,b) exists, then (ma,mb)=m(a,b).

Elements Of Modern Algebra

Finding the Divergence of a Vector Field In Exercises 6164, find the divergence of the vector field F at the gi...

Calculus: Early Transcendental Functions (MindTap Course List)

Determine whether each integral is convergent or divergent. Evaluate those that are convergent. 36. 04dxx2x2

Single Variable Calculus: Early Transcendentals

Find the product z1z2 in standard form. Then write z1 and z2 in trigonometric form and find their product again...

Trigonometry (MindTap Course List)

True or False: An initial-value problem specifies y(x0) = y0 and y(x1) = y1 in the statement of the problem.

Study Guide for Stewart's Multivariable Calculus, 8th

In MNP, medians MB, NA and PC intersect at centroid Q. a If MQ=8, find QB. b If QC=3, find PQ. c If AQ=3.5, fin...

Elementary Geometry for College Students

True or False: Predator-prey population models are the solutions to two differential equations.

Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th

In Exercises 2730, fill in the missing entries by performing the indicated row operations to obtain the row-red...

Finite Mathematics for the Managerial, Life, and Social Sciences

List the five sections typically found in a research article, and describe briefly what each should contain.

Research Methods for the Behavioral Sciences (MindTap Course List)

Explorer 1 On January 31, 1958, the United States launched the research satellite Explorer 1. Its low and high ...

Calculus (MindTap Course List)

The report referenced in the previous exercise also gave data for representative samples of 250 adults in Canad...

Introduction To Statistics And Data Analysis

A random variable is normally distributed with a mean of m = 50 and a standard deviation of = 5. a. Sketch a n...

STATISTICS F/BUSINESS+ECONOMICS-TEXT

Make up a set of 10 scores such that the set of scores has a mean approximately equal to 30 and a standard devi...

Research Methods for the Behavioral Sciences (MindTap Course List)

Simplify the following expressions. 5(a2b)+a2b

Mathematics For Machine Technology

Finding an Indefinite Integral In Exercises 5-28, find the indefinite integral. 2x2+7x3x2dx

Calculus

Fill in the blanks. The vertices of the hyperbola x2a2y2b2=1 are V(,) and V(,) .

College Algebra (MindTap Course List)

A seven-year medical research study reported that women whose mothers took the drug DES during pregnancy were t...

Statistics for Business & Economics, Revised (MindTap Course List)

Using the Divergence Theorem In Exercises 9-18, use the Divergence Theorem to evaluate SFNdS and find the outwa...

Multivariable Calculus

bartleby
© bartleby 2019