Question
The Dehl Company payroll for the first week in January was $12,000. The amount of income tax withheld was 12 percent and the FICA, state
The Dehl Company payroll for the first week in January was $12,000. The amount of income tax withheld was 12 percent and the FICA, state unemployment, and federal unemployment tax rates were 8 percent, 5 percent, and 1 percent, respectively. The amount of the employer's payroll taxes are:
| a. | $3,120. |
| b. | $1,440. |
| c. | $ 720. |
| d. | $1,680. |
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Auditing And Assurance Services
Authors: By David N. Ricchiute
6th Edition
0324024029, 9780324024029
