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Reed Enterprises has the following data available for its April 3 0 payroll: Wages earned $ 2 6 4 , 0 0 0 * 6
Reed Enterprises has the following data available for its April payroll:
Wages earned
$
Federal income taxes withheld
All subject to Social Security and Medicare matching and withholding of and respectively.
Federal unemployment taxes of and state unemployment taxes of are payable on $ of the wages earned.
Required:
When required, round your answers to the nearest cent.
Compute the amounts of taxes payable and the amount of wages that will be paid to employees.
tableSocial Security,$
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