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Katie Pereira and Ferro Schwartz Are Employees of Free Star,Inc

question 6

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Katie Pereira and Ferro Schwartz are employees of Free Star,Inc.In February 2017,Katie's gross pay was $8,500,and Ferro's gross pay was $10,900.All earnings are subject to FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%.Which of the following would be included in the entry to record the salaries expense for February?


Definitions:

Units

Basic quantities or items in measurement or statistics that are counted or measured in a dataset.

Multiple Regression Model

A technique in statistics used to determine how a dependent variable is influenced by two or more independent variables.

Independent Variables

Elements within a model or an experiment that are intentionally modified to gauge their influence on variables that depend on them.

Units

Basic quantities or entities used to express measurements, counts, or in some contexts, the objects of study.

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