question archive Murray Enterprises has three employees
Murray Enterprises has three employees
Subject:SociologyPrice: Bought3
Murray Enterprises has three employees. Its payroll information is given below.
Employee Earnings Prior to September September Earnings
Hue Strange $63360 $7040
Louie Smith 3400 850
Alyssa Myllano 6400 1280
Assume that the following tax rates are currently in effect.
Tax Rate Ceiling
FICA:
OASDI 6.2% $87900
Medicare 1.45% No Ceiling
FUTA 0.8% 7000
SUTA 5.4% 7000
Compute Murray Enterprises payroll tax expense for September. Round your answer to the nearest cent.
The total payroll tax expense for September is $
