During one pay period, your company distributes $139,500 to employees as net pay. The income tax withholdings
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During one pay period, your company distributes $139,500 to employees as net pay. The income tax withholdings were $20,800 and the FICA withholdings were $9,078. Total payroll costs to the company for this pay period, excluding any unemployment taxes, was: |
$169,378.
$178,456.
$160,300.
$139,500.
Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
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