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From the following information calculate the payroll tax expense for Grayson Company for the payroll of April 9: (Click the icon to view the payroll.)

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From the following information calculate the payroll tax expense for Grayson 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 eamed, and Medicare is 1.45% on all earnings. Federal unemployment tax is 0.6% on the first $7.000 eamed by each employee. The SUTA tax rate for Grayson 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 O. Barns G. Jill V. North Cumulative Earnings Before Weekly Payroll S 3,000 6,200 7.100 Gross Pay for the Week S 900 825 300 Print Done

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