if total employee benefits are calculated as a percentage of their gross pay, which of the following…

if total employee benefits are calculated as a percentage of their gross pay, which of the following employees receives the largest percentage of their gross pay in employee benefits? a. employee a: gross pay $32,600 , total job benefits $33,600 b. employee b: gross pay $32,900 ; total job benefits $34,000 c. employee c: gross pay $33,400 , total job benefits $33,900 d. employee d: gross pay $33,700 , total job benefits $34,700 please select the best answer from the choices provided a b c d
Answer
Explanation:
Step1: Calculate percentage for Employee A
The formula for percentage of benefits to gross - pay is $\frac{\text{total job benefits}}{\text{gross pay}}\times100%$. For Employee A, $\frac{33600}{32600}\times100%\approx103.07%$
Step2: Calculate percentage for Employee B
For Employee B, $\frac{34000}{32900}\times100%\approx103.34%$
Step3: Calculate percentage for Employee C
For Employee C, $\frac{33900}{33400}\times100%\approx101.49%$
Step4: Calculate percentage for Employee D
For Employee D, $\frac{34700}{33700}\times100%\approx102.97%$
Answer:
B. Employee B