A policyholder has gross payroll of $55,335, including overtime at time-and-a-half of $2,670 and overtime at double time of $3,990. How much is included in the premium base?

0
Posted

A policyholder has gross payroll of $55,335, including overtime at time-and-a-half of $2,670 and overtime at double time of $3,990. How much is included in the premium base?

0

The premium portion of the time-and-a-half overtime is $890 ($2,670/3) and the premium portion of the double time overtime is $1,995 ($3,990/2), for a total of $2,885.

Related Questions