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Problem2: based on information from Table 3-1 (Page 50 in your textbook), calculate: . The amount payable to all the employees o Total accrued tax
Problem2: based on information from Table 3-1 (Page 50 in your textbook), calculate: . The amount payable to all the employees o Total accrued tax o Accrued insurance PS: Table 3-1: Table 3-1 Employee Costs and Deductions Employee (S) 2 3 Total Employer's Costs Wages 600.00 400.00 350,00 500.00 1,850.00 Social Security 37.20 24,80 21.70 31.00 114.70 Medicare 8.70 5.80 5.08 7.25 26.83 SUTA 18.00 12.00 10:50 15.00 65,50 FUTA 4.80 3 20 2.80 4.00 14.80 Liability Insurance 12.00 8.00 7.00 10.00 37.00 Workers' Comp 54.00 36.00 31.50 15.00 136.50 Health Insurance 40.00 40.00 40.00 40,00 160.00 Vacation 38.92 29.79 27.51 33.20 129.42 Total 813.62 559.59 496.09 655.45 2.524.75 Employee Deductions Social Security 37.20 24.80 21.70 31.00 114.70 Medicare 8.70 5.80 5.08 7.25 26.83 Federal Withholdings 59.85 29.85 22.35 44.85 156.90 State Withholdings 36.00 24.00 21.00 30:00 111.00 Health Insurance 60.00 60.00 60.00 60.00 240.00 Total 201.75 144.45 130.13 173.10 649.43
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