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Divide.
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Employer-paid Retirement Program
A retirement savings plan funded by the employer, contributing to an employee’s retirement benefits.
Warranty Costs
Expenses associated with repairing or replacing products under warranty.
Estimated Warranty Liability
A liability recorded on the financial statements to cover the expected cost of product warranties.
FICA Taxes
Federal Insurance Contributions Act taxes are payroll taxes deducted from employees' paychecks and matched by employers to fund Social Security and Medicare.
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