QUESTION 37 Given the following: salaries and wages $400,000 Federal Income tax withheld $80,000 Federal unemployment rate .006 State unemployment rate .054 Social security rate .062 Medicare rate .0145 How much is the payroll tax expense? a. $400,000 State unemployment rate .054 Social security rate .062 Medicare rate .0145 How much is the payroll tax expense? a $400,000 b. $24,800 c. $54,600 @d. $480,000