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A company's employees had the following earnings records at the close of the current payroll period: Employees Earning through Prior Pay Period Earning this Pay

A company's employees had the following earnings records at the close of the current payroll period:

Employees

Earning

through Prior Pay Period

Earning this

Pay Period

F. Argent....

$11,300

$3,900

A. Garza.......

6,100

2,500

L. Hong..........

9,500

3,100

R. Levinson...

4,800

1,400

J. Young.......

10,000

3,000

The company's payroll taxes expense on each employee's earnings includes: FICA Social Security taxes of 6.2% on the first $128,400 of earnings plus 1.45% FICA Medicare on all wages; 0.6% federal unemployment taxes on the first $7,000; and 5.4% state unemployment taxes on the first $7,000. Compute the employer's total payroll taxes expense for the current pay period.

What is the total employer payroll taxes? Answer below.

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