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Question 18 Action Travel has 15 employees each working 40 hours per week and earning $30 an hour ($18,000). Federal income taxes are withheld at
Question 18 Action Travel has 15 employees each working 40 hours per week and earning $30 an hour ($18,000). Federal income taxes are withheld at 15% (2,700). State income taxes are 6% ($1,080). FICA taxes are 7.65% ($1,377) and unemployment taxes are 4% ($720). What is their total salaries expense? (Assume all calculations reported are correct - there could be rounding) $20,097. $18,000 $23,877. 4 pts $19,377.
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