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ccording to a summary of the payroll of Kirby Co., $380,500 in earnings were subject to the 7.8% FICA tax. Also, $55,173 in earnings were
ccording to a summary of the payroll of Kirby Co., $380,500 in earnings were subject to the 7.8% FICA tax. Also, $55,173 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, 4.4%; federal unemployment, 0.8%.
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