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prsusueE uueun Payroll The following payroll journal entries for Oct. 15 were made by your predecessor For FICA tax assume that the social secrity rate

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prsusueE uueun Payroll The following payroll journal entries for Oct. 15 were made by your predecessor For FICA tax assume that the social secrity rate is 6.0% and the Medicare rate is 1.5% The state and federal unemployment tax rates are 5.4% and 08 % , respectively The company offers 401k plans to employees. Review the journal entries, then answer the questions that follow Snaded ce na.efeeds Payroll 85,500,00 Sales Salaries Expense Oct. 15 307800.00 Officers Salaries Expense 57000.00 Office Salaries Expense 119.700.00 Factory Wages Expeme 4 T 34.200.00 Social Security Tax Payable T 8.550.00 Medicare Tax Payable 102.600.00 Employees Fedeal Income Tax Payable 62.700.00 Medical Insurance Payable 85500.00 Retirement Contributions Payable 276.450.00 Salaries Payable 10 44,083.00 Expense 15 Payroll 11 34200.00 Social Security Tax Payable 15 8.550,00 Medicare Tax Payable 11 172.00 Federal Unemployment Tax Payable 14 1161.00 State Unemployment Tax Payable Payroll Snadad cels ave feedbac Pension Expemse 34,200.00 15 Cash 34,200.00 17 in order to confirm the previous clerk's payrol cakculations, you have been asked to supply the following amounts based on your review of the payroll entries These amounts will be checked against the company records and investigated furtherf necessary 1. Determine the payroll amount subject to federal and state unemployment taxes in this payroll $21,500 Points 1/1 2. What is the total payroll for Copperfield and Company shown in these journal entries? $648.283 X Points 0/1 3. What is Copperfield and Company's share of FICA taxes in this payrol? 3. What is Copperfield and Company's share of FICA taxoes in this payrol $42,750 R Points 1/1 4. How much has Coppertield and Company contributed to employee 401k plans in this payrol? $85.500 X K Points 0/1

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