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  • Aug 1, 2018, 04:05 PM
    Ranjoy12
    Payroll Expenses
    562 workers, 5- day work week, 8-hour work day, no overtime is budgeted, 10 days of paid vacation per employee, per year; 11 paid holidays per employee, per year;, average hourly pay = $14.75. Employee healthcare benefits = 31.8% of hourly wages; including all wages paid for holidays and vacation days.

    What is the total, annual cost of healthcare for all workers?

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