QUESTION 18\ Assume that social security taxes are payable at a

6.0%

rate, Medicare taxes are payable at a

1.5%

rate with no maximum earni and state unemployment compensation taxes total

4.6%

on the first

$7,000

of earnings. If an employee earns

$2,500

for the cur employee's year-to-date earnings before this week were

$6,800

, what is the total payroll tax related to the current week?\ a.

$9.20

\ b.

$344.50

\ c.

$196.70

\ d.

$187.50

Assume that social security taxes are payable at a 6.0% rate, Medicare taxes are payable at a 1.5% rate with no maximum earni and state unemployment compensation taxes total 4.6% on the first $7,000 of earnings. If an employee earns $2,500 for the cu1 employee's year-to-date earnings before this week were $6,800, what is the total payroll tax related to the current week? a. $9.20 b. $344.50 c. $196.70 d. $187.50