d. gross pay 28, Davis and Thompson have earnings of $850 each. The social security tax rate is 6% and the Medicare tax rate is 1.5%. Assuming that the payroll will be paid on December 29, what will be the employer's total FICA tax for this payroll period? a. $102.00 b. $127.50 e.$96.00 d. $25.50 29. The following totals for the month of June were taken from the payroll register of Arcon Company: Salaries expense Social security and Medicare taxes withheld $14,000 1,050 2,600 1,000 Income taxes withheld Retirement savings The entry to record the payment of net pay would include a a. debit to salaries payable for $14,000 b. debit to salaries payable for $9,350 c. credit to salaries expense for $9,350 d. credit to salaries payable for $9,350 30. Which of the following is required to be withheld from employee's gross pay? a. both federal and state unemployment compensation taxes b. only federal unemployment compensation tax c. only federal income tax d. only state unemployment compensation tax ng excep 31. Each year there is a ceiling for the amount that is subject to all of the following except a. social security tax b. federal income tax c. federal unemployment tax d. state unemployment tax 32. Lee Company has the following information for the pay period of December 15-31 Federal income tax withheld Federal unemployment tax rate State unemployment tax rate $4,000 Gross payroll Social security rate Medicare rate $16,000 6% 1.5% 0.8% 5.4% Assuming no employces are subject to ceilings for taxes on their earnings, Salaries Pa