MY NOTES ASK YOUR TEACHER Family Howers employs 17 people, of whom 14 earn gross pay of $620.00 each and 3 earn gross pay of $700.00 each on a weekly basis. What is the employer's share of total Social Security and Medicare taxes for the first quarter of the year? (Social security tax is 6.2% of wages up to $128,400. Medicare tax is 1.45% of all wages.) O $620.00 O $700.00 $850.68 O $10,720,71 DETAILS BRECMBC9 9.111 TB.006. MY NOTES ASK YOUR TEACHER The SUTA rate for Worldwide Industries is 5.4% and its FUTA rate is 6,0% less the 5.4% SUTA credit. If its weekly payroll is $56,174 and none was for payments to employees in excess of the $7,000 wage base, then what are the total FUTA and SUTA taxes for the payroll? 52,950.44 O 3.370.44 $5,605.94 $6,403.84 7:00 PM Type here to search AD BRECMBC9 9.111. TB.004. MY NOTES DETAILS ASK YOUR TEACHER The weekly payroll of Abkar Hardware includes 19 employees who earn $220 each. How much is the employer's share of total Social Security and Medicare taxes for the first quarter of the year? $218.46 $436.92 O $4, 157.01 O $8,314.02 3. DETAILS BRECMBC9 9.111. TB.005. MY NOTES ASK YOUR TEACHER Compute Darryl's total Social Security and Medicare taxes for the third quarter, if she is self-employed and earns $1,420.00 on a weekly basis. 5217.26 e $1.412.19 $1,522.95 52.824.38 The financial officer of Toys and Noise arranges a loan of $8,500, at 8.5% interest, for 3 months. Find the amount of simple interest. (Round to the nearest cent.) $1,445.00 O $1,866.46 O $2,239.75 O $3,290.32 12. DETAILS BRECMBC9 10.1.TB.009. MY NOTES ASK YOUR TEACHE The business manager of Paws and Claws Pet Supply arranges a loan of $4,500, at 7.5% interest, for 30 months. Find the amount of simple interest. (Round to the nearest cent.) 5367.50 S421.88 $787.50 5843.75