subject
Business, 10.10.2019 01:00 naomicervero

Paloma co. stars has four employees. fica social security taxes are 6.2% of the first $113,700 paid to each employee, and fica medicare taxes are 1.45% of gross pay. also, for the first $7000 paid to each employee, the company's futa taxes are 0.6% and suta taxes are 2.15%. the company is preparing its payroll calculations for the week ended august 25. payroll records show the following information for the company's four employees. name gross pay through 8/18 gross pay income tax withholdingdahila $112,600 $2,000 $284trey 112,800 900 145kiesha 7,100 450 39chee 1,050 400 30in addition to gross pay, the company must pay one-half of the $60 per employee weekly health insurance; each employee pays the remaining one-half. the company also contributes an extra 8% of each employee's gross pay (at no cost to employees) to a pension fund. requiredcompute the following for the week ended august 25 (round amounts to the nearest cent).make tables1. each employee's fica withholdings for social security.2. each employee's fica withholdings for medicare.3. employer's fica taxes for social security.4. employer's fica taxes for medicare.5. employer's futa taxes.6. employer's suta taxes.7. each employee's net (take-home) pay.8. employer's total payroll-related expense for each employee.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 12:30
land, a building and equipment are acquired for a lump sum of $ 1,000,000. the market values of the land, building and equipment are $ 300,000, $ 800,000 and $ 300,000, respectively. what is the cost assigned to the equipment? (do not round any intermediary calculations, and round your final answer to the nearest dollar.)
Answers: 1
question
Business, 22.06.2019 21:00
There is just one person in our group, silvia, who seems to have radically different ideas about how to complete our project. she seems to purposely disagree with the majority opinions of the rest of us though yesterday she said something that made a lot of sense to us solve our production problem. i suggested to the entire group today that we hear silvia’s suggestions and asked silvia to share in-depth more of what she said yesterday. i am using which adaptive leader behavior?
Answers: 2
question
Business, 22.06.2019 23:30
Decision alternatives should be identified before decision criteria are established. are limited to quantitative solutions are evaluated as a part of the problem definition stage. are best generated by brain-storming.
Answers: 1
question
Business, 23.06.2019 03:10
Prepare the operating activities section—indirect method.(lo 4), apthe income statement of paxson company is presented here.paxson companyincome statementfor the year ended november 30, 2014sales revenue $7,600,000cost of goods sold beginning inventory$1,900,000 purchases4,400,000goods available for sale6,300,000 ending inventory1,600,000total cost of goods sold 4,700,000gross profit 2,900,000operating expenses selling expenses450,000 administrative expenses700,0001,150,000net income $1,750,000additional information: prepare the operating activities section—indirect 1. accounts receivable decreased $380,000 during the year, and inventory decreased $300,000.2. prepaid expenses increased $150,000 during the year.3. accounts payable to suppliers of merchandise decreased $350,000 during the year.4. accrued expenses payable decreased $100,000 during the year.5. administrative expenses include depreciation expense of $110,000.instructionsprepare the operating activities section of the statement of cash flows for the year ended november 30, 2014, for paxson company, using the indirect method.net cash provided $1,940,000
Answers: 1
You know the right answer?
Paloma co. stars has four employees. fica social security taxes are 6.2% of the first $113,700 paid...
Questions
question
Physics, 20.10.2020 05:01
question
Mathematics, 20.10.2020 05:01
Questions on the website: 13722361