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The following information pertains to a weekly payroll of Texera Tile Company: a. The total wages earned by employees are $17,210. b. The state unemployment
The following information pertains to a weekly payroll of Texera Tile Company:
a. The total wages earned by employees are $17,210. b. The state unemployment insurance contribution rate is 3.5%. c. The entire amount of wages is taxable under FICA, FUTA, and SUTA. d. The amount withheld from the employees' wages for federal income taxes is $1,890; for state income taxes, $369.40; and for group insurance, $193.00.
If an amount box does not require an entry, leave it blank or enter "0". Round your answers to the nearest cent.
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Payment of wages |
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Payroll taxes |
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