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Consider the following information for Company for the payroll of 9: View the payroll. View the payroll tax expense at the previous earnings. If earned
Consider the following information for Company for the payroll of 9: View the payroll. View the payroll tax expense at the previous earnings. If earned for the week instead of , what effect would this change have on the total payroll tax expense? (Round to the nearest cent as needed.)
Consider the following information for Caterer Company for the payroll of April 9 : View the payroll. View the payroll tax expense at the previous earnings. If F. Sampson earned $2,300 for the week instead of $280, what effect would this change have on the total payroll tax expense? (Round to the nearest cent as needed.) Payroll The FICA Social Security tax rate is 6.2% on the first $142,800 earned, and FICA Medicare is 1.45% on all earnings. Federal unemployment tax is 0.6% on the first $7,000 earned by each employee. The SUTA tax rate for Caterer Company is 5.7% on the first $7,000 of employee earnings for state unemployment purposes
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