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A company has the following information from its payroll records (all amounts are expressed in dollars): Salaries and wages earned by employees 180,000 Employee income
A company has the following information from its payroll records (all amounts are expressed in dollars):
| Salaries and wages earned by employees | 180,000 |
|---|---|
| Employee income taxes withheld | 27,000 |
| FICA taxes withheld | 9,000 |
| Unemployment taxes | 1,000 |
What is the company's total labor cost?
Multiple Choice
$216,000
$163,000
$181,000
$190,000
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