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Pay Period
The interval at which an employee's salary is calculated and paid.
FICA Tax Rate
The combined percentage of Social Security and Medicare taxes that employers and employees are required to pay on wages under the Federal Insurance Contributions Act.
Employee Earnings
The total compensation received by an employee, including wages, salaries, bonuses, and commissions.
Warranty Expense
Costs associated with the repair or replacement of defective products during the warranty period.
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