Question: Solve the problem using 6.2%, up to $128,400 for Social Security tax and using 1.45%, no wage limit, for Medicare tax. Calculate the monthly Social
Solve the problem using 6.2%, up to $128,400 for Social Security tox and using 1.45%, no wage limit, for Medicare tax, Calculate the monthly Social Secunty and Medicare witholdings (in \$) for the employee as the payroll manager for a cargo and freight company. (Round your answers to the nearest cent.)
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