The total payroll of Marigold Company for the month of October, 2017 was $1000000, of which $180000 represented amounts paid in excess of $118500 to certain employees. $596000 represented amounts paid to employees in excess of the $7500 maximum subject to unemployment taxes. $180000 of federal income taxes and $17800 of union dues were withheld. The state unemployment tax is 1%, the federal unemployment tax is .8%, and the current F.I.C.A. tax is 7.65% on an employees wages to $118500 and 1.45% in excess of $118500. What amount should Marigold record as payroll tax expense? $72612. $76500. $91000. $82620.

Multiple Choice Question 109 The total payroll of Marigold Company for the month of October, 2017 was $1000000, of which $180000 represented amounts paid in excess of $118500 to certain employees. $596000 represented amounts paid to employees in excess of the $7500 maximum subject to unemployment taxes. $180000 of federal income taxes and $17800 of union dues were withheld. The state unemployment tax is 1%, the federal unemployment tax is .8%, and the current F.I.C.A. tax is 7.65% on an employee's wages to $118500 and 1.45% in excess of $118500. What amount should Marigold record as payroll tax expense? oyment taxes. $180000 of federali taxes and $17800 of union dues were withheld. The state unemployment $ 72612. $ 76500. $ 91000. $ 82620