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What is the net amount of cash actually paid to employees

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Reference no: EM132502139

Big Game, Inc., is a manufacturer of hunting supplies. The following is a summary of the company's annual payroll-related costs.

Wages and salaries expense (of which $2,200,000 was withheld from employees' pay and forwarded directly to tax authorities) $7,180,000

Payroll taxes 580,000

Workers' compensation premiums 250,000

Group health insurance premiums 725,000

Contributions to employees' pension plan 450,000

Question 1: What is Big Game's total payroll-related costs for the year.

Question 2: What is the net amount of cash actually paid to employees (their take-home pay).

Question 3: What is total payroll-related costs as a percentage of total wages and salaries expense.

Question 4: What is total payroll-related costs as a percentage of employees' take-home pay.

Reference no: EM132502139

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What is the net amount of cash actually paid to employees

Reference no: EM132502139

Reference no: EM132502139

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