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Narrative 9-2
Use the Information Below to Solve the Following

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Narrative 9-2
Use the information below to solve the following problems:
 Tax Rate  Wage Base  Social security 6.2%$128,400 Medicare 1.45% no limit  FUTA .6%$7,000 SUTA 5.4%$7,000\begin{array} { l l l } & \text { Tax Rate } & \text { Wage Base } \\\text { Social security } & 6.2 \% & \$ 128,400 \\\text { Medicare } & 1.45 \% & \text { no limit } \\\text { FUTA } & .6 \% & \$ 7,000 \\\text { SUTA } & 5.4 \% & \$ 7,000\end{array}
-Refer to Narrative in your text 9-2. Solomon Plastics employs 272 workers and has a gross payroll of $186,500.00 per week. Fringe benefits are 4 3/4% of gross payroll for sick days and maternity leaves, 8.2% for health insurance, 3.6% for the retirement fund, and $28.75 per employee for a stock purchase plan.
A)What is the company's weekly cost of fringe benefits?
B)What percentage of the payroll does this represent? (Round to the nearest hundredth of a percent)


Definitions:

Macro Practice

A social work approach focusing on large-scale social processes and structures, aiming at societal change and reform.

Generalist Practice

An approach in social work that equips practitioners with a broad range of skills to address a variety of problems in different settings.

Coalition

An alliance or partnership between groups or individuals, often formed to achieve a common goal or address a shared concern, leveraging collective resources and efforts.

Economic Justice

A concept or ideal that aims for fair access to economic resources and opportunities, ensuring equitable wealth distribution and financial fairness among individuals and communities.

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