When bidding a job, the cost include labor cost of $50,000.00 for carpentry, $18,000.00 for concrete labor and $7,000 labor for roofing. Workman’s compensation cost are $1.12/100 for carpentry, $2.40/100 for concrete, and $2.65/$100 for roofing. Your policy provides for a 5% discount. What is the cost for the Workman’s comp. premium?

When bidding a job, the cost include labor cost of $50,000.00 for carpentry, $18,000.00 for concrete labor and $7,000 labor for roofing. Workman’s compensation cost are $1.12/100 for carpentry, $2.40/100 for concrete, and $2.65/$100 for roofing. Your policy provides for a 5% discount. What is the cost for the Workman’s comp. premium?