Questions 7 to 12

3 Reven Credn to Nalaries Duba so Payroll Tax The yourmal eny to recond an employer's a Debis Pwoll Tax payroll tax would inclode Peyahlc, and SUTA abd cat FICA PeyaeOASDI, FICA Payable HI, PUTA Debit Payroll Tax Payable and Payalde, and SUTA Payable ans crede PICA Payable OASDA, FICA Payable HL, FUTA TA Payable, and b Tax Payable Cash and credit FICA Payabde OASDI, FICA Payalble-H.FU SUTA Payable d Debir FaCA Payable OASDL FICA Payabe-HI, FUTA Payabde, and SUTA Payabile and credit Payroll Tax Expense dein so the An employer's total taxes during the lookbhack period were 500,000. This employer should deposin payroll a Daily h Semiweekly Quarterly d. Mothly 10. An employer must deposat taxes the next day if, on any day during a deposit period, the employer accumulates a tax liabelity of a. $73,000 or more b. $50,000 or more. e $100,000 or more. d. $25,000 or more. le II. Gross wages for the period are $150,000. Wages subject to FICA-OASDI are $75,000. Wages subject to FUTA and SUTA tax are $6,000. a $20,475 b. $7,197 The SUTA rate is 5.4%. Compute the employer's payroll tax $11,847 $11,175 12. Lisa Cruise has year-to-date earnings of $6,800 and earnings this pay period of $425. Assuming FICA rates of 6.2% for OASDI and 1.45% for HL a FUTA rate of 0.8%, and a SUTA rate of 32%, what is the lability of Lisa's employer for FICA taxes and unemployment taxes on her earnings this pay period? c. $34.35 d. $40.51 a $57.5 b. $26.35 3 Reven Credn to Nalaries Duba so Payroll Tax The yourmal eny to recond an employer's a Debis Pwoll Tax payroll tax would inclode Peyahlc, and SUTA abd cat FICA PeyaeOASDI, FICA Payable HI, PUTA Debit Payroll Tax Payable and Payalde, and SUTA Payable ans crede PICA Payable OASDA, FICA Payable HL, FUTA TA Payable, and b Tax Payable Cash and credit FICA Payabde OASDI, FICA Payalble-H.FU SUTA Payable d Debir FaCA Payable OASDL FICA Payabe-HI, FUTA Payabde, and SUTA Payabile and credit Payroll Tax Expense dein so the An employer's total taxes during the lookbhack period were 500,000. This employer should deposin payroll a Daily h Semiweekly Quarterly d. Mothly 10. An employer must deposat taxes the next day if, on any day during a deposit period, the employer accumulates a tax liabelity of a. $73,000 or more b. $50,000 or more. e $100,000 or more. d. $25,000 or more. le II. Gross wages for the period are $150,000. Wages subject to FICA-OASDI are $75,000. Wages subject to FUTA and SUTA tax are $6,000. a $20,475 b. $7,197 The SUTA rate is 5.4%. Compute the employer's payroll tax $11,847 $11,175 12. Lisa Cruise has year-to-date earnings of $6,800 and earnings this pay period of $425. Assuming FICA rates of 6.2% for OASDI and 1.45% for HL a FUTA rate of 0.8%, and a SUTA rate of 32%, what is the lability of Lisa's employer for FICA taxes and unemployment taxes on her earnings this pay period? c. $34.35 d. $40.51 a $57.5 b. $26.35