Question: Please help answer this question Advanced Computer Repair incurred salaries expense of $90,000 for 2024. The payroll tax expense includes employer FICA tax, state unemployment

Please help answer this question

Advanced Computer Repair incurred salaries expense of $90,000 for 2024. The payroll tax expense includes employer FICA tax, state unemployment tax and federal unemployment tax. Year-to-date eamings do not exceed $132,900. Of the total salaries, $10,800 is subject to unemployment tax. Currently, state unemployment tax is 5.4% and federal unemployment tax is 0.6%. Also, the company provides the following benefits for employees: health insurance (cost to the company. $2,000 ), life insurance (cost to the company, $880 ), and retirement benefits (cost to the company, 5% of salaries expense). What is the amount of the employer provided benefits for the year? A. $14,913.00 B. $7,380.00 C. $7,533.00 Advanced Computer Repair incurred salaries expense of $90,000 for 2024. The payroll tax expense includes employer FICA tax, state unemployment tax and federal unemployment tax. Year - to-date earnings do not exceed $132,900. Of the total salaries, $10,800 is subject to unemployment tax. Currently, state unemployment tax is 5.4% and federal unemployment tax is 0.6%. Also, the company provides the following benefits for employees: health insurance (cost to the company, \$2,000). life insurance (cost to the company. \$8B0), and rotirement benefits (cost to the company, 5% of salaries expense). What is the amount of the employer provided benefits for the year? 8. 31, sou.uU C. 57,533.00 D. $6,500,00

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