The gross payroll total for all employees of Jennifer s Gyros this month is $ 108000 .

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The gross payroll total for all employees of Jennifer’s Gyros this month is $108000. $100000 of the employees’ wages fall below the Social Security limit. The total FICA taxes for both employees and employer is

$7940.
$8262.
$15532.
$16357.

Related Book For answer-question

College Accounting

ISBN: 978-1119405962

1st Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Deanna C. Martin, Jill E. Mitchell

Posted Date: May 12, 2021 06:18 PM

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The gross payroll total for all employees of Jennifer s Gyros this month is $ 108000 .

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Answer Correct Option is B Given The gross payroll to... View the full answer

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