Question
According to a summary of the payroll of Kirby Co., $735,500 in earnings were subject to the 7.7% FICA tax. Also, $95,615 in earnings were
According to a summary of the payroll of Kirby Co., $735,500 in earnings were subject to the 7.7% FICA tax. Also, $95,615 in earnings were subject to state and federal unemployment taxes.
Round your answers to the nearest cent.
a. Calculate the employer's payroll taxes, using the following rates: state unemployment, 4.7%; federal unemployment, 1.1%.
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Cost Management Measuring Monitoring And Motivating Performance
Authors: Leslie G. Eldenburg, Susan K. Wolcott
2nd Edition
978-0-470-7694, 0470769424, 978-0470769423
