Reference no: EM13568797

1.) In december 2011, Marvin Simpson worked for Longville Flower and earned $5000, Federal income tax withholding is 15%. The FICA rate is 6.2% and Medicare tax is 1.45%. How much cash will Longville FLower pay the government for Medicare tax because of Homer's December earnings?

A.) $310

B.) $72.50

C.) $145

D.) $620

$5000*1.45%= 72.50 the employer matches the amount

2.) December 2010, Bob Lucus worked for Valentinos and earned $1000. Federal income tax withholding is 10%. The FICA rate is 6.2% and the Medicare tax is 1.45%. How much does Bob December salary will be included in Salary expense on Valentinos income statement for year ended December 31 2010?

A.) $923.50

B.) $1,000

C.) $900

D.) $823.50

3.) December 2010, Bob Lucus worked for Valentinos and earned $1000. Federal income tax withholding is 10%. The FICA rate is 6.2% and the Medicare tax is 1.45%. How much cash will Valentinos pay the government for Medicare tax because of Bob's december earnings?

A.) $62.00

B.) $124.00

C.) $14.50

D.) $29.00