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From the following information, calculate the payroll tax expense for Aim Company for the payroll of April 9: E: (Click the icon to view the
From the following information, calculate the payroll tax expense for Aim Company for the payroll of April 9: E: (Click the icon to view the payroll.) The FICA tax rate for OASDI is 6.2% on the first $127,200 earned, and 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 Aim Company is 5.4% on the first $7,000 of employee earnings for state unemployment purposes. (Round to the nearest cent as needed.) Data Table Total Employee I. Benson K. Larry Cumulative Earnings Before Weekly Payroll 3,800 6,900 7,500 Gross Pay for the Week 900 800 340 V. North Print Done Fantasy: Week 7 Start & Sit RBs to start, sit and bust alerts From the following information, calculate the payroll tax expense for Aim Company for the payroll of April 9: E: (Click the icon to view the payroll.) The FICA tax rate for OASDI is 6.2% on the first $127,200 earned, and 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 Aim Company is 5.4% on the first $7,000 of employee earnings for state unemployment purposes. (Round to the nearest cent as needed.) Data Table Total Employee I. Benson K. Larry Cumulative Earnings Before Weekly Payroll 3,800 6,900 7,500 Gross Pay for the Week 900 800 340 V. North Print Done Fantasy: Week 7 Start & Sit RBs to start, sit and bust alerts
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