Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Alfred Spindle earned gross wages of $1,580 for the week ended June 21, 20X1. His gross wages you to date, prior to his June 21

image text in transcribed
Alfred Spindle earned gross wages of $1,580 for the week ended June 21, 20X1. His gross wages you to date, prior to his June 21 paycheck, were $37.750. He had S80 withheld from his pay for federal income taxes, and $15 for health insurance Social Security tax is 6.2%, and Medicare tax is 145 the tocant unemployment tax rate is 0.6% and the state unemployment tax rate is 4.2%, both on a maximum of $7,000 per mach employees annulerings. What is the total employer payron tax expense associated with Alfreds June 21, 20x1, paycheck? Multiple Choice 575.14 $16 $22.91 $120.87

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Facilities Managers Reference Management Planning Building Audits Estimating

Authors: Harvey H. Kaiser

1st Edition

0876291426, 978-0876291429

More Books

Students also viewed these Accounting questions