National Storage employs 88 workers with a gross monthly payroll of $135,000. Fringe benefits are 8.6% of payroll for a profit sharing plan and $9.23 per employee for life insurance.
What percent of payroll is the total cost of fringe benefits? Round your answer to the nearest tenth of a percent.
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Home » Business » National Storage employs 88 workers with a gross monthly payroll of $135,000. Fringe benefits are 8.6% of payroll for a profit sharing plan and $9.23 per employee for life insurance.