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Management at Glover & Lamb Inc. is concerned about
controlling factory labor-related costs. The following summary is the result of an analysis
of the major categories of labor costs for 2013:
Category Amount
Base wages $63,000,000
Health-care benefits 10,500,000
Payroll taxes 5,018,832
Overtime 8,697,600
Training 1,875,000
Retirement benefits 6,898,500
Workers
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