Question
During one pay period, your company distributes $133,000 to employees as net pay. The income tax withholdings were $19,500 and the FICA withholdings were $8,963.
During one pay period, your company distributes $133,000 to employees as net pay. The income tax withholdings were $19,500 and the FICA withholdings were $8,963. Total payroll costs to the company for this pay period, excluding any unemployment taxes, was: $152,500. $170,426. $161,463. $133,000.
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Principles Of Cost Accounting
Authors: Edward J. Vanderbeck
15th Edition
978-0840037039, 0840037031
