Phyllo Computer Company's payroll accountant has submitted her resignation and will be leaving the company in two weeks.

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Phyllo Computer Company's payroll accountant has submitted her resignation and will be leaving the company in two weeks.

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Phyllo Computer Company S Payroll Accountant Has Submitted Her Resignation And Will Be Leaving The Company In Two Weeks 1
Phyllo Computer Company S Payroll Accountant Has Submitted Her Resignation And Will Be Leaving The Company In Two Weeks 1 (74.47 KiB) Viewed 33 times
Phyllo Computer Company's payroll accountant has submitted her resignation and will be leaving the company in two weeks. The company must decide if it will hire a replacement or outsource the payroll position. i (Click the icon to view the information.) Read the requirements. CAR Requirement 1. Prepare a differential analysis to determine if Phyllo Computer Company should replace the employee or outsource the payroll function. (Complete only the necessary answer boxes. Do not enter a "0" for any zero balances. Assume a 52-week year. For any item and/or total where the cost of outsourcing payroll exceeds the cost of replacing the employee, enter difference with a minus sign or parentheses.) Outsource Replace Employee Difference (Replace - Outsource) X Annual Payroll Costs Payroll More info The current employee earns a salary of $41,000. Medical insurance, employer payroll taxes, and contributions to the pension plan for this position cost $7,500. The company has already invested $15,000 in payroll software. Required annual updates to remain in compliance with all state and federal laws are $425. The company also spends $1,900 per year in professional development for this position to ensure the employee stays up-to-date with payroll changes. Phyllo Computer Company pays its employees weekly. Payroll Professionals will process the company's weekly payroll for $600 per week. This fee also includes preparing all necessary payroll tax returns, reports, and W-2s. Requirements Print Done 1. Prepare a differential analysis to determine if Phyllo Computer Company should replace the employee or outsource the payroll function. 2. What other factors should Phyllo Computer Company consider in making this decision? Total
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