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Ben's Mentoring Had the Following Information for the Pay Period

question 78

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Ben's Mentoring had the following information for the pay period ending September 30: Ben's Mentoring had the following information for the pay period ending September 30:   Assume: FICA-OASDI applied to the first $128,400 at a rate of 6.2%. FICA-Medicare applied at a rate of 1.45%. FUTA applied to the first $7,000 at a rate of 0.8%. SUTA applied to the first $7,000 at a rate of 5.6%. State income tax is 3.8%. Employees contribute to their retirement fund at a rate of 5.5% of their gross earnings. -Compute the total employer's payroll tax. Assume:
FICA-OASDI applied to the first $128,400 at a rate of 6.2%.
FICA-Medicare applied at a rate of 1.45%.
FUTA applied to the first $7,000 at a rate of 0.8%.
SUTA applied to the first $7,000 at a rate of 5.6%.
State income tax is 3.8%.
Employees contribute to their retirement fund at a rate of 5.5% of their gross earnings.
-Compute the total employer's payroll tax.


Definitions:

George Washington

The first President of the United States (1789-1797), commander-in-chief of the Continental Army during the American Revolutionary War, and one of the Founding Fathers of the United States.

Fort Necessity

A historic site in Pennsylvania, USA, where a battle early in the French and Indian War took place, involving a young George Washington.

Edward Braddock

A British general who led a failed expedition during the early stages of the French and Indian War.

French Canadians

People of French descent who live in Canada, particularly in the province of Quebec, known for maintaining a distinct French culture, language, and identity.

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