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Exercise 11-10 Your answer is incorrect. Try agair. Employee earnings records for Slaymaker Company reveal the following gross earnings for four employees through the pay
Exercise 11-10 Your answer is incorrect. Try agair. Employee earnings records for Slaymaker Company reveal the following gross earnings for four employees through the pay period of December 15 1. Seligman R. Eby For the pay period ending December 31 each employee's gross earnings is $4,600. The FICA tax rate is 6.2% on gross earnings of $117 000 plus an additional 1.45% on all salary and wages without limitation. Compute the FICA withholdings that should be made for each employee for the December 31 pay period. (Round answers to 2 decimal places, e.g. 52.75.) Seligman $90,500 L. Marshall $113,900 T. Olson $115,800 $120,500 L. Marshall R.Eby T. Olson
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