Mission Company Has Three Employees What Is Mission Company's Amount for Payroll Taxes for Cain

question 33

Multiple Choice

Mission Company has three employees
$\begin{array} { c c c } & \text { Gross Pay through July } & \text { Gross Pay for August } \\\text { Smith } & \$ 3,200 & \$ 1,000 \\\text { Cain } & 25,800 & 3,500 \\\text { Clark } & 94,600 & 13,100\end{array}$
$\begin{array} { l c l } \text { Tax } & \text { Rate } & \text { Applied To } \\\text { FICA-Social Security } & 6.20 \% & \text { First } \$ 106,800 \\\text { FICA-Medicare } & 1.45 & \text { All gross pay } \\\text { FUTA } & .80 & \text { First } \$ 7,000 \\\text { SUTA } & 5.40 & \text { First } \$ 7,000\end{array}$
What is Mission Company's amount for payroll taxes for Cain?

• A) $1,705.95
• B) $1,973.70
• C) $2,241.45
• D) $267.75
• E) $484.75

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Definitions:

Female CEOs

Women who hold the chief executive officer position within an organization, responsible for making major corporate decisions.

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Executive roles within a company that are typically responsible for specific departments or functions, ranking just below the president or CEO.

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