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Question
Triston Vale is paid on a monthly basis. For the month of January of the current year, he earned a total of $5,210. FICA tax for Social Security is 6.2% and the FICA tax for Medicare is 1.45%. The FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. The amount of Federal Income Tax withheld from his earnings was $885.70. What is the amount of the employer's payroll taxes expenses for this employee?A.$1,284.27
B.$312.60
C.$398.57
D.$711.17
E.$1,596.87
Answer
This answer is hidden. It contains 241 characters.
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Variable manufacturing overhead
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