Question
During one pay period, your company distributes $133,500 to employees as net pay. The income tax withholdings were $19,600 and the FICA withholdings were $8,972.
| During one pay period, your company distributes $133,500 to employees as net pay. The income tax withholdings were $19,600 and the FICA withholdings were $8,972. Total payroll costs to the company for this pay period, excluding any unemployment taxes, was: |
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Auditing A Business Risk Approach
Authors: Larry E. Rittenberg, Karla Johnstone, Audrey Gramling
7th Edition
0324663722, 978-0324663723
