13. Bill's gross pay for the week is $2150. His deduction for federal income tax is based on a rate of 25%. He has no voluntary deductions. His year-to-date pay is under the limit for OASDI. What is the amount of FICA tax that will be withheld from Bill's pay? (Assume a FICA OASD Tax of 62% and FICA - Medicare Tax of 1.45%. Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) A) $537.50 B) $164.48 C) $701.98 D) $136.50 14. Mountain Valley Sales, Inc. has gross pay for March of $45,000. Which of the following is included in the journal entry to record salaries expense? A) credit Salaries and Wages Expense B) debit Cash C) debit Salaries and Wages Payable D) debit Salaries and Wages Expense 15. Keith, an employee of Sunbeam, Inc., has gross salary for May of $15,000. The entire amount is under the OASDI limit of $118,500 and thus subject to FICA. He is also subject to federal income tax at a rate of 20%. Which of the following is a part of the journal entry to record the disbursement of his net pay? (Assume a FICA-OASDI Tax of 6.2% and FICA - Medicare Tax of 1.45%.) (Round the final answer to the nearest dollar.) A) debit to Cash for $10,852.50 B) credit to Cash for $10,852.50 C) debit to Employee Income Tax Payable of $10,852.50 D) debit to FICA Tax Payable of $10,852.50 16. It is mandatory for both the employer and employee to pay A) FICA B) SUTA C) employee income tax D) federal unemployment tax