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Aspen SkI Resorts has 100 employees, each working 40 hours per week and earning $10 an hour. Although the company does not pay any health

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Aspen SkI Resorts has 100 employees, each working 40 hours per week and earning $10 an hour. Although the company does not pay any health or retirement benefits, one of the perks of working at Aspen is that employees are allowed free skilng on their days off Federal income taxes are withheld at 15% and state income taxes at 5%. FICA taxes are 7.65% of the first $142,800 earned per employee and 1.45% thereafter. Unemployment taxes are 6.2% of the first $7,000 earned per employee. Required: 1. Compute the total salary expense, the total withholdings from employee salaries, and the actual direct deposit of payroil for the first week of January. 2. Compute the total payroll tax expense Aspen Ski Resorts will pay for the first week of January in addition to the total salary expense and employee withholdings calculated in Part 1. 3. How should Aspen Ski Resorts account for the free skilng given to employees on their days off? Complete this question by entering your answers in the tabs below. Compute the total salary expense, the total withholdings from employee salaries, and the actual direct deposit of payroil for the first week of January. 2. Compute the total payroll tax expense Aspen Ski Resorts will pay for the first week of January in acdiby and employee withholdings calculated in Part 1. 3. How should Aspen Ski Resorts account for the free sking given to employees on their days off?. Complete this question by entering your answers in the tabs below. Compute the total payroll tax expense Aspen Ski Resorts will pay for the first week of January in addition to the total salary expense and employee withholdings calculated in Part 1. 2. Compute the total payroll tax expense Aspen Ski Resorts will pay for the first week of January in addition to the total salary expense and employee withholdings calculated in Part 1. 3. How should Aspen Ski Resorts account for the free sking given to employees on their days off? Complete this question by entering your answers in the tabs below, How should Aspen Ski Resorts account for the free sking given to employees on their days off

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