Solved: Fica taxes are 765 and unemployment taxes are 38 of the, Accounting Basics

+44 141 628 6080
[email protected]

Fica taxes are 765 and unemployment taxes are 38 of the

Question - Rock Adventures has 15 employees each working 40 hours per week and earning $30 an hour. Federal income taxes are withheld at 15% and state income taxes at 6%. FICA taxes are 7.65% and unemployment taxes are 3.8% of the first $7,000 earned per employee. What is the actual direct deposit of payroll for the first week of January?

Solution Preview :

Prepared by a verified Expert

Accounting Basics: Fica taxes are 765 and unemployment taxes are 38 of the

Reference No:- TGS02560431

Now Priced at $20 (50% Discount)

Recommended (99%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Is lifespan psychologists are unlikely to investigate

Lifespan psychologists are unlikely to investigate both changes as well as consistencies that exist in different individuals'

Examine historical literature to the most current period

Examine historical literature to the most current period to see the growth of romanticism and EXISTENTIALISM. any major developments

How teenagers in an impoverished urban area spend their time

The purpose is to examine the psychological factors affecting how teenagers in an impoverished urban area spend their time outside of school using:

Is early food experiences can impact development

Early food experiences can impact development over several learning domains, including Social and Emotional Development, Language

Problem on journal articles and non-journal materials

Amanda said? Excellent post, Chrystal. You provided great insight into the helpful resource ERIC digital library is. I appreciate how it states the information

Problem concerning consensual sexual relationship

Question: Jena and Ben are employees of Big City Electronics. They began to have a consensual sexual relationship.

Review a social, behavioral, or cultural factor

Bearing in mind that there may be several, choose a social, behavioral, or cultural factor associated with your selected domestic violence

Solution Preview :

Prepared by a verified Expert

Accounting Basics: Fica taxes are 765 and unemployment taxes are 38 of the

Reference No:- TGS02560431

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Life cycle cost management takes into consideration the

Q : What is the present value on january 1 2016 of 10000 to be

Q : Have you signed up for the comptia a 220-901 exam if so

Q : What change theory would you use to overcome workers

Q : Fica taxes are 765 and unemployment taxes are 38 of the

Q : Trask company is trying to decide whether it should

Q : Prepare journal entries to record the transactions for

Q : Where can i download ubuntu 1204 64bit version this is for

Q : What is operating leverage provide an example of two