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Given the following information from the payroll register, how much is the net pay total paid to employees? (Hint: you may not need all of
Given the following information from the payroll register, how much is the net pay total paid to employees? (Hint: you may not need all of these)
Gross pay = $500,000
Social security tax = $40,000
Medicare tax = $20,000
Federal income tax = $50,000
FUTA = $10,000
SUTA = $30,000
a. $380,000 b. $350,000 c. $390,000 d. $420,000
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