Reference no: EM132468875

Headland Hardware Company's payroll for November 2017 is summarized below.

			Amount Subject to Payroll Taxes
Payroll	Wages Due	FICA	Unemployment Tax
			Federal	State
Factory Sales Administrative Total	$130,500 34,000 38,300	$130,500 34,000 38,300	$37,000 3,600	$37,000 3,600
	S202,800	$202,800	$40,600	$40,600

Problem : At this point in the year, some employees have already received wages in excess of those to which payroll taxes apply. Assume that the state unemployment tax is 2.5%. The FICA rate is 7.65% on an employee's wages to $118,500 and 1.45% in excess of $118,500. Of the $202,800 wages subject to FICA tax, $20,500 of the sales wages is in excess of $118,500. Federal unemployment tax rate is 0.8% after credits. Income tax withheld amounts to $15,700 for factory, $7,100 for sales, and $6,000 for administrative.

Question 1: Prepare a schedule showing the employer's total cost of wages for November by function. (Round answers to 0 decimal places, e.g. 5,275.)