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$40,000 5,000 6% Gross wages Federal income tax withheld Social Security tax Medicare tax State unemployment tax Federal unemployment tax 1.5 3% 0.8% Social security

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$40,000 5,000 6% Gross wages Federal income tax withheld Social Security tax Medicare tax State unemployment tax Federal unemployment tax 1.5 3% 0.8% Social security taxes are computed on the first $132.900 of wages. Unemployment taxes are computed on the first $7,000 of wages. One employee is hired this pay period. His wages totaled $749. All state and federal unemployment taxes will be calculated on the new employee's wages because all other employees have camned more than $7,000. No employee has earned more than $132.900 this year Calculate the social security tax. $1,800 52400 5600 $1,300 Question 35 The company paid the following wages to employees this pay period, Gross wages $40,000 Federal income tax withheld 5.000 Social Security tax 6% Medicare tax 1.5% State unemployment tax Federal unemployment tax 3% 0.8% Social security taxes are computed on the first $132,900 of wages. Unemployment taxes are computed on the first $7.000 of wages. One employee is hired this pay period His wages totaled $749. All state and federal unemployment taxes will be calculated on the new employee's wages because all other employees have earned more than $7,000. No employee has earned more than $132,900 this year. What is the State unemployment tax? 18.47 24.47 22.47 Cannot be determined because we do not have all employees' earnings

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