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The following information applies to the questions displayed below. Oaks Company has completed the payroll for the month of January, reflecting the following data: Salaries

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The following information applies to the questions displayed below. Oaks Company has completed the payroll for the month of January, reflecting the following data: Salaries and wages earned Employee income taxes withheld FICA payroll taxes* $ 97000 7,000 6,300 Assessed on both employer and employee fie, $6,300 each). value: Required information 1.00 points Required: 1-a. What was the total labor cost to the company? labor cost 1-b. What was the amount of the employees' take-home pay? ome pay

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