Determine the effective monthly cost, the total annual cost, and the labor burden markup for the Superintendent with the following wage and benefit information. (50 points) Wages 202.000 S/year Overtime Rate 1.75 Paid vacation 1 month Bonus S5000 per year Allowances S500 per quarter Reimbursement upto $150 per month Social Security Rate 6 20 % Social Security wage cap S142,800 Medicare 145% FUTA Rate 80%.5.4% credit is received if SUTA is paid on time. FUTA Limits $7,500 SUTA Rate 12 75 % SUTA Limit $13,000 Worker's Comp. Rate S0.65/$100 General Liability Rate 065 % 401(k) Matching 70% 401(k) Limit 9 % Health Insurance (paid by employer)_S 1250/Month. Another $350 is deducted from employee's paycheck. Conference S5000/year HSA $125/Month FSA $225/Month LFSA S100/Month DCA S125/ Month Assumptions: Assume SUTA was paid on time Assume employee has 2 tax dependents Assume employee will make the best use of all health benefit accounts. Assume employee will take the full advantage of retirement benefit. Determine the effective monthly cost, the total annual cost, and the labor burden markup for the Superintendent with the following wage and benefit information. (50 points) Wages 202.000 S/year Overtime Rate 1.75 Paid vacation 1 month Bonus S5000 per year Allowances S500 per quarter Reimbursement upto $150 per month Social Security Rate 6 20 % Social Security wage cap S142,800 Medicare 145% FUTA Rate 80%.5.4% credit is received if SUTA is paid on time. FUTA Limits $7,500 SUTA Rate 12 75 % SUTA Limit $13,000 Worker's Comp. Rate S0.65/$100 General Liability Rate 065 % 401(k) Matching 70% 401(k) Limit 9 % Health Insurance (paid by employer)_S 1250/Month. Another $350 is deducted from employee's paycheck. Conference S5000/year HSA $125/Month FSA $225/Month LFSA S100/Month DCA S125/ Month Assumptions: Assume SUTA was paid on time Assume employee has 2 tax dependents Assume employee will make the best use of all health benefit accounts. Assume employee will take the full advantage of retirement benefit