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Astle Tax Service has 10 employees. Employees work 40 hours per week and are paid $20 an hour. Federal income taxes are withheld at 15%
Astle Tax Service has 10 employees. Employees work 40 hours per week and are paid $20 an hour. Federal income taxes are withheld at 15% and state income taxes at 6%. FICA taxes are 7.65% and unemployment taxes are 3.8% of the first $7,000 earned per employee. What is the employer's total payroll tax expense for the first week of January? $916 O $612 $1,224 $304
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