The last weekly payroll of Available Temp Services was 33,110.00 for 55 employees. The company pays 7.1 of payroll for vacations and sick leave and 58.06 per employee for health insurance. What percent of payroll is the total cost of fringe benefits? (Round your answer to the nearest tenth of a percent)
A) 9.6
B) 10.3
C) 16.7
D) 18.9
Q. 2The insurance carrier used by Best Security Systems specifies 75 coinsurance. The company recently incurred 696,000 in damages from a tornado. The building was valued at 877,000, but was only insured for 606,000. What amount will be paid by the insurance company for the loss? (Round your answer to the nearest cent)
A) 696,000.00
B) 641,240.59
C) 578,495.07
D) 592,750.00
Q. 3West-Coast Publishers employs 43 workers with a gross biweekly payroll of 47,128.00. Fringe benefits are 8.31 per employee for life insurance and 10.9 of payroll for a stock purchase plan. What is the total cost of fringe benefits?
A) 5,494.28
B) 5,163.95
C) 357.33
D) 5,136.95
Q. 4A flood caused 602,000 in damages to a building owned by Garcia Engineering. The building, valued at 915,000, was insured for 686,000 despite a coinsurance requirement of 90 in their policy. How much of the loss will be covered by the insurance company? (Round your answer to the nearest cent)
A) 602,000.00
B) 606,938.65
C) 501,483.91
D) 596,000.00
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