An employee has a gross earnings of $1600 and withholdings of $25 for income taxes, $5 for social security taxes and $3 for medicare taxes. The employer also pays a total of $5 for social security and $3 for medicare taxes, $12 for FUTA and $2 for SUTA. What is the total cost of this employee to the employer? Assume no other information.

Answer rating: 100% (QA)

To calculate the total cost of the employee to the employer we need to consider both the employees w... View the full answer