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The doll shop is located in a state that requires unemployment compensation contributions of employers of one or more individuals. The company is subject
The doll shop is located in a state that requires unemployment compensation contributions of employers of one or more individuals. The company is subject to state contributions at a rate of 3.1% for wages not in excess of $8,600. Compute each of the following amounts based upon the 41st weekly payroll period for the week ending October 11. Round your intermediate calculations and final answers to the nearest cent. Use rounded answers in subsequent computations. If an amount is zero, enter "0". a. Amount of FICA taxes (OASDI and HI) to be withheld from the earnings of each person. Taxable Earnings OASDI HI M. Grady $1,550.00 $ $ P. Monroe 1,550.00 V. Hoffman 438.46 A. Drugan 557.69 G. Beiter 177.00 S. Egan 220.00 B. Lin 155.00 b. Amount of the employer's FICA taxes for the weekly payroll. Taxable payroll OASDI $ $ Previous Next
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