What will be employers total fica tax for payroll period, Financial Accounting

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What will be employers total fica tax for payroll period

Problem

Davis and Thompson have earnings of $600 each. The social security tax rate is 6.2% and the Medicare tax rate is 1.45%. Assuming that the payroll will be paid on December 29, what will be the employer's total FICA tax for this payroll period?

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Financial Accounting: What will be employers total fica tax for payroll period

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Financial Accounting: What will be employers total fica tax for payroll period

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