What are the total social security and medicare taxes that


Vanguard Fabricators has 83 employees on the assembly line, each with gross earnings of $329 per week.

a. What are the total social security and Medicare taxes that should be withheld from the employee paychecks each week?

b. At the end of the first quarter (13 weeks), what are the accumulated totals of the employee’s share and the matching taxes for FICA that Vanguard had sent to the IRS?

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Financial Management: What are the total social security and medicare taxes that
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