View Policies -13 Current Attempt in Progress According to a payroll register summary of Oriole Company, the amount of employees' gross pay in December was $1,088,000, of which $94,400 was not subject to Social Security taxes of 6.2% and $660,000 was not subject to state and federal unemployment taxes. Determine the employer's payroll tax expense for the month, using the following rates: 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 unemployment 5.4%, and federal unemployment 0.6%. (Round answer to decimal places, ex. 125.) Payroll tax expense $ e Textbook and Media List of Accounts Prepare the journal entry to record December payroll tax expense. (Credit account titles are automatically indented when amount i Dan A. e O ch -13 Prepare the journal entry to record December payroll tax expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, eg.5,275.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Submit Answer Attempts: 0 of 2 used Save for Later