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The following tax rates are applicable: FICA 7.65% (the 7.65% FICA tax rate consists of the Social Security tax rate of 6.2% on salaries and

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The following tax rates are applicable: FICA 7.65% (the 7.65% FICA tax rate consists of the Social Security tax rate of 6.2% on salaries and wages up to $128,400 and the Medicare tax rate of 1.45% on all salaries and wages), state income taxes 3%, state unemployment taxes 5.4%, and federal unemployment 0.6%. (a) - Your answer is partially correct. Journalize employer payroll taxes. No employee has reached the Social Security limit of $128,400 or the FUTAVSUTA limit of $7,000. (Round answers to 2 decimal places, es. 15.25. Credit account tities are automatically indented when amount is entered. Do not indent manually.) Blossom Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40a week. Payroll data for the weekended March 15 are presented below: The following tax rates are applicable FICA 7.65\% (the 7.65\% FICA tax rate consists of the Social Security tax rate of 6.2% br 53 arios taxes 5.4% and federal unempiovment 0.6% (a) Your answer ispartialiveomet indent manually

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