Solve the question. I have tried to make a table and think I am on track. would you please help me out?
This table shows the staffing and pay rates of the Marshall City Fire Department:
|
Employee Grade
|
Number in Grade |
Salary |
|
Chief
|
1 |
$105,000 |
|
Shift commander
|
3 |
70,000 |
|
Firefighter 1
|
12 |
39,000 |
|
Firefighter 2
|
26 |
30,000 |
|
Clerical (part-time)
|
3 |
15,000 |
The city is part of the federal Social Security system. The city and the employee each pay Social Security payroll taxes of 6.2 percent of all salary paid up to $90,000 per employee to finance federal retirement and disability insurance and 1.45 percent of all salary paid to finance Medicare The city pays a portion of the cost of health insurance for each full-time employee, an amount equal to $180 per month. Employees are part of a pension system financed by a city payment of 20 percent of the employee's salary and an employee payment of 5 percent of the employee's salary Full-time employees receive an allowance for uniforms of $750 per year.
Estimate the city's full cost of fire department labor during the fiscal year assuming no change in staffing. Separate that cost into salary and fringe-benefit components.