Seat of Knowledge projected an employment level of 150 employees this year. With

Question

Seat of Knowledge projected an employment level of 150 employees this year. With an unemployment tax of 3.2%, what was the company’s expected unemployment tax bill assuming taxes are paid on the first $10,500 earned by an employee and every employee at the company earns more than $10,500 per year?

AVERAGE EMPLOYMENT LEVELS FOR SEAT OF KNOWLEDGE 0 49 25 25 5 23 24 34 50 52 Shipping Reeeiving Weding 24 23 30 31 26 30 24 24 2 24 43 302936 34 33 363736 35 34 3332 32 33 33 38 43 TURNOVER Machining Fabricating Other Jo Other Jo Other Jo No reason given Other Jo Personal 04/12 05/23 Machining Fabricating 06/13 7/12 08/09 0828 09114 0v15 0v15 0v15 11/01 Other Job Retired Temp. LF Temp. LF Temp. LF Other Jo Machining Fabricating 12/03 12/03 12/03 12/06 04/26 05/18 07/05 07/23 07/31 Paint Assembly Paint Assembly Paint Assembly Paint Assembly Paint Assembly Paint Assembly Temp. LF Temp. LF Other Jo Other Jo Medical reasons Other Job Moving Other Job Other Job Decline in work load 525 06/28 07/12 Shipping Receiving Shipping Receiving Shipping Receiving No reason given No reason given Other Jo Other Jo ired Temp. LF Temp. LF Temp. LF Temp. LF ired 08/30 Weling Welding Welding Welding Welding Welding Welding Weling Weling Weling Wekling 12/03 12/03 Temp. LF Temp. LF Temp. LF Temp. LF

Explanation / Answer

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Machining/Fab 47 47 50 49 51 51 52 51 51 50 52 53 Shipping/Receiving 24 23 25 25 25 23 24 24 24 24 24 24 Welding 30 31 34 34 33 32 32 33 33 38 43 43 Paint/Assembley 26 30 30 30 29 36 34 33 36 37 36 35 Unemployment 26 Total unemployed Machining/Fab 1 2 2 1 3 10500 $ Shipping/Receiving 1 1 1 3 3.20% Tax % Welding 10 Paint/Assembley 1 8736 Total unemployed tax bill (26*$*Tax%)

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.