Contractor "a" was the low bidder on a general-contacted project which has an extensive number of alternative during bidding and negotiations. contractor "a" received a standard contract from mary, the lead architect, a source of business for several years, ed the estimator at contractor "a", discovers the contract value was erroneously issued at $365,000 instead of the $355,000. how should ed handle this situation?

On january 8, the end of the first weekly pay period of the year, regis company's payroll register showed that its employees earned $22,760 of office salaries and $70,840 of sales salaries. withholdings from the employees' salaries include fica social security taxes at the rate of 6.20%, fica medicare taxes at the rate of 1.45%, $13,260 of federal income taxes, $1,450 of medical insurance deductions, and $860 of union dues. no employee earned more than $7,000 in this first pay period. required: 1.1 calculate below the amounts for each of these four taxes of regis company. regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.60