If Larry starts a new pizza parlor and hires a manager for $30,000 per year, this implies that Question 5 options: 1. Larry values his labor at less than $30,000 per year. 2. pizza parlor managers are inexpensive to hire. 3. Larry values his labor at more than $30,000 per year. 4. the price of pizza will increase if Larry works in the parlor himself.

On january 8, the end of the first weekly pay period of the year, regis company's payroll register showed that its employees earned $22,760 of office salaries and $70,840 of sales salaries. withholdings from the employees' salaries include fica social security taxes at the rate of 6.20%, fica medicare taxes at the rate of 1.45%, $13,260 of federal income taxes, $1,450 of medical insurance deductions, and $860 of union dues. no employee earned more than $7,000 in this first pay period. required: 1.1 calculate below the amounts for each of these four taxes of regis company. regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.60