subject
Business, 05.12.2019 06:31 ratpizza

On january 8, the end of the first weekly pay period of the year, regis company's payroll register showed that its employees earned

$21,760 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%, $13,360 of federal income taxes, $1,440 of medical insurance

deductions, and $900 of union dues. no employee earned more than $7,000.in this first 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 5% of the first $7,000 paid each employee. the federal unemployment tax rate is 0.60%. (round your answers to 2 decimal

places.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 03:00
Insurance companies have internal controls in place to protect assets, monitor the accuracy of accounting records and encourage operational efficiencies and adherence to policies. these internal controls are generally of two types: administrative controls and accounting controls. administrative controls are the policies and procedures that guide the daily actions of employees. accounting controls are the policies and procedures that delineate authorizations of financial transactions that are done, safeguard assets, and provide reports on the company’s financial status in a reliable and timely manner. internal controls should include both preventative and detective controls. the purpose of preventative controls is to stop problems and errors before they occur. detective controls identify problems after they have occurred. preventative controls are usually more effective at reducing problems, but they also tend to be more expensive. internal controls must be flexible to adjust for changes in laws and regulations in addition to adding new products or modifying current ones. companies must also do regular analyses to ensure that the benefits of implementing the controls are worth their costs. when concerned about paying unwarranted insurance claims which type of control would be useful?
Answers: 2
question
Business, 22.06.2019 08:30
What has caroline's payment history been like? support your answer with two examples
Answers: 3
question
Business, 22.06.2019 10:20
The different concepts in the architecture operating model are aligned with how the business chooses to integrate and standardize with an enterprise solution. in the the technology solution shares data across the enterprise.
Answers: 3
question
Business, 22.06.2019 14:30
The state in which the manufacturing company you work for is located regulates the presence of a particular substance in the environment to concentrations ≤ x. recently-released, reliable research endorsed by the responsible federal agency conclusively demonstrates that the substance poses no risks at concentrations up to 5x. your company has asked you to consider designing a new process with a waste discharge stream containing up to 2x of the substance. based on the stated conditions, describe this possible.
Answers: 2
You know the right answer?
On january 8, the end of the first weekly pay period of the year, regis company's payroll register s...
Questions
question
Mathematics, 20.10.2020 23:01
question
Biology, 20.10.2020 23:01
question
Physics, 20.10.2020 23:01
question
Medicine, 20.10.2020 23:01
question
Mathematics, 20.10.2020 23:01
question
History, 20.10.2020 23:01
Questions on the website: 13722367