Determine each of the employers payroll taxes related to

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Reference no: EM13571081

The following information is for employee Wayne Young for the week ended March 15.

Total hours worked: 48

Rate: $16 per hour, with DOUBLE TIME for all hours worked in excess of 40

Federal income tax withheld: $200

United fund deduction: $50

Cumulative earnings prior to current week: $6,400

Tax rates:

Social security: 6 % on maximum earnings of $106,800 on both employer and employee
Medicare tax: 1.5 % on all earnings; on both employer and employee
State unemployment tax: 4.2 % on maximum earnings of $7,000; on employer
Federal unemployment tax: 0.8 % on maximum earnings of $7,000; on employer

A. Determine (1) total earnings, (2) total deductions, and (3) cash paid for this employee.

B. Determine each of the employer's payroll taxes related to the earnings of Wayne Young for the week ended March 15.

Reference no: EM13571081

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