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From the following information, calculate the payroll tax expense for Ali Company for the payroll of April 9: (Click the icon to view the
From the following information, calculate the payroll tax expense for Ali Company for the payroll of April 9: (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 Ali 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 Employee Y. Connor Cumulative Earnings Before Weekly Payroll $ Gross Pay for the Week 3,000 $ 925 S. Ivan 6,500 775 Help me solve this Video D. Toll 7,700 290 - Check answer
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