[The Following Information Applies to the Questions Displayed Below

question 91

Multiple Choice

[The following information applies to the questions displayed below.]
Stone Corporation has 25 employees and incurs total wages and salaries expense of $900,000 per year.The following table shows various payroll amounts as a percentage of this annual wage and salaries expense: In addition,Stone provides group health insurance for its entire workforce.The cost of this insurance is $350 per month per employee.
In addition,Stone provides group health insurance for its entire workforce.The cost of this insurance is $350 per month per employee.
-The company's annual payroll-related expenses amount to approximately:

• A)$1,085,600.
• B)$1,181,850.
• C)$1,250,700.
• D)$900,000.

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