Question

At Acade icAll-American University or AAAU, the Men's Basketball Program as a "Functional Unit" has a budget of $8.5 million 35% goest & benefits. The cost of "Contract Group Insurance" is $101, 231. The benefit package percentages are as follows: Salaries Retirement 14 W/Comp 004 Medicare .0145 Determine salary &benefits by calculating and answering the following questions 1-5 Round off to the closest dollar amount and choose the matching answer. 4) Using the information in question 1 above, "Match" the benefit pool "check & balance" amounts. (round off to the closest dollar amount) Retirement workers compensation Medicare .$35,969 2.$9,922 3. $347,283

Answer 1

Retirement		0.14	347283
Worker's compensation		0.004	9922
Medicare		0.0145	35969
Total	393174	0.1585
By cross multiplying we can find the answer. For example
Retirement     =	393174/0.1585*0.14		347283.0284
And so on