Assuming no employees are subject to ceilings for their earnings, Harris Company has the following information for
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Question:
Assuming no employees are subject to ceilings for their earnings, Harris Company has the following information for the pay period of January 1531. Gross payroll $10,000 Federal income tax withheld $1,800 Social security rate 6.2% Federal unemployment tax rate 0.8% Medicare rate 1.45% State unemployment tax rate 5.4% Assuming that all wages are subject to federal and state unemployment taxes, the employer's payroll tax expense would be
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