Jack's Gross Pay for the Week Is $1400

question 117

Multiple Choice

Jack's gross pay for the week is $1400.His year-to-date pay is under the limit for OASDI.Assume that the rate for state and federal unemployment compensation taxes is 6% and that Jack's year-to-date pay has previously exceeded the $7000 cap.What is the total amount of payroll taxes that Jack's employer must record as payroll tax expenses? (Do not round your intermediate calculations.Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%.)

• A) $86.80
• B) $58.80
• C) $20.30
• D) $107.10

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The variety of products or services offered by a company or available in a market.

Supply Chain/Logistics Manager

A professional responsible for overseeing and managing a company's supply chain and logistics strategy and operations to maximize efficiency and productivity.

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All of the business activities involved in the sales of goods and services to an end consumer for their personal, family, or household use.

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