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From thn following ifformation, calculate the paycol tax expense for Now Company tor the pasproll of Aprit 9 Click if ine icon to view the

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From thn following ifformation, calculate the paycol tax expense for Now Company tor the pasproll of Aprit 9 Click if ine icon to view the payrok), The FiCA tax rate for OASOI is 6.2% on the frat $127,200 aamed, and Modicare is L.45% on all oamingt. Federal unenoloyment tax is o.6. on the frut 57.000 eamed by each ampioyee. The From the following information, calculate the payroll tax expense for New Company for the payroil of Apral 9 : (Click the icon to view the payroll.) The FICA tax raj for OASDI is 6.2% on the first $127.200 eamed, and Medicare is 1.45% on all 0amings. Federal unemployment tax is 0.6% on the frst $7,000 earned by SUTA tax rate for New Company is 5.4% on the first $7,000 of employeo earnings for state unemplayment purposes. (Riound to the nearest cent as needed.) Data table Spring Company has five salaried employees. Your task is to use the following information to prepare a payroll register to calculate net pay for cach employee: IIt (Click the icen to yiew the information.) (1) (Cick the icon to view the assumptions.) IH (Click the leen to view the Single Persons - B weekly Payroll Period federal income tax wittholding table.) Data table more help : Company has five salaried employees. Your task is to use the following information to prepare a payroll register to calculate net pay for each er lick the icon to view the information.) (Click the icon to view the assumptions.) ick the icon to view the Single Persons - Biweekly Payroll Period federal income tax withholding table.) More info Assume the following: 1. FICA OASDI is 6.2% on $127,200; FICA Medicare is 1.45% on all earnings. 2. Each employee contributes $30 biweekly for medical insurance. 3. State income tax is 6% of gross pay. 4. FIT is calculated using the federal income tax withholding table included

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