Calculate the employers payroll taxes expense


Lee Provo is paid $20 per hour, plus time-and-one-half for hours over 40 for a given week. During the week of January 21, Provo worked 46 hours. Social security taxes are 6.2 percent, Medicare taxes are 1.45 percent, $98 is withheld for federal income taxes, 36 is withheld for state income taxes, and $15 is withheld for medical health insurance. In addition, Provo's employer must pay social security taxes of 6.2 percent, Medicare taxes of 1.45 percent, state unemployment taxes of 5.4 percent, and federal unemployment taxes of .8 percent.

a) Provo's gross earnings
b)Provo's take-home pay
c) the employer's payroll taxes expense
D) The total cost of employing Provo for the week

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Accounting Basics: Calculate the employers payroll taxes expense
Reference No:- TGS0557029

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