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RObbiespigs RObbiespigs
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Posts: 386
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6 years ago
Seaside Hotels employs 64 workers with a gross weekly payroll of 41,536.00. Fringe benefits are 36.33 per employee for dental insurance and 8.86 per employee for discount club memberships. What percent of payroll is the total cost of fringe benefits? (Round your answer to the nearest tenth of a percent)
 A) 5.6
  B) 7.0
  C) 1.4
  D) 19.6

Q. 2

The Wings and Things owns a building valued at 2,154,000 but has decided to insure it for only 1,542,000. Their insurance policy stipulates coinsurance of 80. If a fire were to cause 685,000 in damage, how much would the insurance company pay on the claim? (Round your answer to the nearest cent)
 A) 612,970.06
  B) 503,000.00
  C) 635,403.86
  D) 667,329.21

Q. 3

The last semimonthly payroll of Capital Construction was 77,763.00 of gross wages for 49 employees. The company pays 4.9 of payroll for vacations and sick leave and 62.19 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) 3.9
  B) 4.9
  C) 8.8
  D) 55.6

Q. 4

Rudy needs temporary property insurance to cover his home for a period of 6 months. Based on Table 19-5 from your text, what would be his short-rate premium if the annual premium were 1,266.00? (Round your answer to the nearest cent)
 A) 891.80
  B) 519.80
  C) 1,266.00
  D) 886.20
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Answer verified by a subject expert
brand4brand4
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Posts: 214
Rep: 3 0
6 years ago
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RObbiespigs Author
wrote...
6 years ago
Extremely helpful
wrote...
6 years ago
Cool, thanks for the positive feedback
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