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Jack's gross pay for the week is $1,200. His yeartodate pay is under the limit for OASDI. Assume that the rate for state and federal

Jack's gross pay for the week is

$1,200.

His

yeartodate

pay is under the limit for OASDI. Assume that the rate for state and federal unemployment compensation taxes is

6%

and that Jack's

yeartodate

pay has previously exceeded the

$7,000

cap. What is the total amount of payroll taxes that Jack's employer must record as payroll tax expenses? (Do not round your intermediate calculations. Assume a

FICAOASDI

Tax of

6.2%

and

FICAMedicare

Tax of

1.45%.)

Question content area bottom

Part 1

A.$ 74.40

B.$ 91.80

C.$ 50.40

D.$ 17.40

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