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Mission Company Has Three Employees  The company is subject to the following taxes: \text { The company is subject to the following taxes: }

question 66

Multiple Choice

Mission Company has three employees:
 Gross Pay through July Gross Pay for August  Smith $3,200$1,000 Cain 25,8003,500 Clark 94,60013,100\begin{array}{lcc}&\text { Gross Pay through July}&\text { Gross Pay for August }\\\text { Smith } & \$ 3,200 & \$ 1,000 \\\text { Cain } & 25,800 & 3,500 \\ \text { Clark } & 94,600 & 13,100\end{array}

 The company is subject to the following taxes: \text { The company is subject to the following taxes: }

 Tax  Rate  Applied To  FICA-Social Security 6.20% First $106,800 FICA-Medicare 1.45 All grosspay  FUTA .80 First $7,000 SUTA 5.40 First $7,000\begin{array} { l c l } \text { Tax } & \text { Rate } & \text { Applied To } \\ \text { FICA-Social Security } & 6 . 2 0 \% & \text { First } \$ 106,800 \\ \text { FICA-Medicare } & 1.45 & \text { All grosspay } \\ \text { FUTA } & . 8 0& \text { First } \$ 7,000 \\ \text { SUTA } & 5.40 & \text { First } \$ 7,000 \end{array}

What is Mission Company's amount for payroll taxes for Smith?


Definitions:

Parenchyma Cells

Fundamental tissue cells in plants that are involved in photosynthesis, storage, and tissue repair and replacement.

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A non-woody flowering plant that belongs to a large group of dicots, characterized by a broad range of leaf shapes and flower structures.

Cortex

The outer layer of various organs and systems in the body, such as the brain (cerebral cortex), responsible for higher order functions, including thought, memory, and sensory processing.

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A layer of cells in the roots of land plants that acts as a selective barrier, regulating the passage of substances from the soil into the vascular system.

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