The following payroll journal entries for Oct. 15 were made by your predecessor. For FICA tax, assume that the social security rate is 6.0% and the Medicare rate is 1.5%. The state and federal unemployment tax rates are 5.4% and 0.8%, respectively. The company offers 401k plans to employees. Review the journal entries, then answer the questions that follow.

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JOURNAL

ACCOUNTING EQUATION

	DATE	DESCRIPTION	POST. REF.	DEBIT	CREDIT	ASSETS	LIABILITIES	EQUITY
1	Oct. 15	Sales Salaries Expense		108,000.00
2		Officers Salaries Expense		388,800.00
3		Office Salaries Expense		72,000.00
4		Factory Wages Expense		151,200.00
5		Social Security Tax Payable			43,200.00
6		Medicare Tax Payable			10,800.00
7		Employees Federal Income Tax Payable			129,600.00
8		Medical Insurance Payable			79,200.00
9		Retirement Contributions Payable			108,000.00
10		Salaries Payable			349,200.00
11	15	Payroll Tax Expense		55,271.00
12		Social Security Tax Payable			43,200.00
13		Medicare Tax Payable			10,800.00
14		Federal Unemployment Tax Payable			164.00
15		State Unemployment Tax Payable			1,107.00
16	15	Pension Expense		57,600.00
17		Cash			57,600.00

In order to confirm the previous clerks payroll calculations, you have been asked to supply the following amounts based on your review of the payroll entries. These amounts will be checked against the company records and investigated further if necessary.

1. Determine the payroll amount subject to federal and state unemployment taxes in this payroll.

2. What is the total payroll for Copperfield and Company shown in these journal entries?

3. What is Copperfield and Companys share of FICA taxes in this payroll?

4. How much has Copperfield and Company contributed to employee 401k plans in this payroll?