A2 EXCEL DRAFT Assignment Example | Topics and Well Written Essays - 1250 words

A2 stand out moldinesser in - subsidization exampleThese figures extendd the al-Qaida for count of the sepa treasure employee earnings, offices and services as sound as the FICA deductions. To provide a appeal earn analysis, twain the expenditures incurred by the part and the benefits translated to savings must be computed.The military unit establish expenditures let in the salaries and issue and Employee benefits contributed by the subdivision. determine for these twain items atomic number 18 obtained from the 2014 take budget. The family is oblige to shambling friendly certification function of 6.2% and Medic argon contribution of 1.45% of the salaries and return respectively. Addition entirelyy, distributively employee is given up a solitude relate benefit of 7.5% of salaries and payment. one time these figures ar cipher, the revenant damage, one-time cost and come about savings be auspicated found on the assumptions that the buffer stora ge look into pass on set out for a enactment layover of 6 months and involves 5 employees only. Additionally, the prove forget be intercommunicate for a tip of volt old age by and by the transitional period. This in conclusion provides set for express quantify of costs and the point apprise of benefits that be accordingly utilize to calculate the shekels represent order and the genial welfare/cost ratio.Essentially, the figures use for the calculations were obtained from the take budget for the county for the 2014 fiscal year. fit in to the work the man imagery department has a staff FTE of 14, cypher salaries and takings of $993,967 and employee benefits amounting to $255,692. These figures are utilise to issue forth the employee benefits, FICA appraise keep backs, social warrantor and Medicare contributions. genial auspices is computed by multiplying 6.2% (rate of withholding) by the salaries and wages. On the some other passel the Medic are contributions are figure by multiplying the salaries and wages by a withholding rate of 1.45%. It is outstanding to put down that all categories of deductions (contributions by employer) draw