Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

The following information is for employee James for the week ended March 15 Tota

ID: 2374480 • Letter: T

Question

The following information is for employee James for the week ended March 15

Total hours worked:48

Federal income tax withheld:200

United Fun Deduction: 50

Cumulative earnings prior to current week: 6400

Tax rate:

Social security: 6% on maximum earnings of 10,000.

Medicare Tax: 1.5% on all earnings; on both employer and employee

State unemployment: 3.4% on maxumum earnings of 7000; on employer

Federal unemployment: 0.8% on maximum earnings of 7000;on employer

a) Determine Total Deductions

b) Determine wach of the employer's payroll raxes related to the earnings of James for the week ended March 15

c) Prepare the entry to record this week's payroll

d) Prepare the entry to record the employer's payroll tax for this week

Explanation / Answer

a).Total deductions $313


b).payroll taxes

Fica tax $50.40
Medicare tax $12.60
State unemployment $20.40
Federal unemployment $ 4.80