Business, 20.08.2021 01:40 lippj0228

Mr. Zee worked 65 hours during the week ended January 18, 2016. He is paid $12 per hour, and is paid time-and-a-half for all hours over 40 in a week. He had $150 withheld from his pay for federal income taxes, and $10 withheld for health insurance. The combined social security and Medicare tax rate is 7.65% and the federal and state unemployment tax rates are 0.6% and 5.4%, respectively. All earnings are taxable. What is the total employer payroll tax expense for Mr. Zee's current paycheck? a) $55.80
b) $71.15
c) $126.95
d) $0

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 22:50

The following data pertains to activity and costs for two months: june july activity level in 10,000 12,000 direct materials $16,000 $ ? fixed factory rent 12,000 ? manufacturing overhead 10,000 ? total cost $38,000 $42,900 assuming that these activity levels are within the relevant range, the manufacturing overhead for july was: a) $10,000 b) $11,700 c) $19,000 d) $9,300

Answers: 2

Answer

Business, 21.06.2019 23:00

Employees of dti, inc. worked 1,600 direct labor hours in january and 1,000 direct labor hours in february. dti expects to use 18,000 direct labor hours during the year, and expects to incur $22,500 of worker’s compensation insurance cost for the year. the cash payment for this cost will be paid in april. how much insurance premium should be allocated to products made in january and february?

Answers: 1

Answer

Business, 21.06.2019 23:30

The uno company was formed on january 2, year 1, to sell a single product. over a 2-year period, uno’s acquisition costs have increased steadily. physical quantities held in inventory were equal to 3 months’ sales at december 31, year 1, and zero at december 31, year 2. assuming the periodic inventory system, the inventory cost method which reports the highest amount for each of the following is inventory december 31, year 1/ cost of sales year 2 a: lifo fifo b: lifo lifo c: fifo fifo d: fifo lifo

Answers: 3

Answer

Business, 22.06.2019 01:30

Someone knows the answer i need in the exam

Answers: 2

Answer

You know the right answer?

Mr. Zee worked 65 hours during the week ended January 18, 2016. He is paid $12 per hour, and is paid...

Questions