The total cost of this employee to the employer

Assignment Help Financial Accounting

Reference no: EM13748914

An employee has gross earnings of $1,200 and withholdings of $91.80 for Social Security and Medicare taxes and $120 for income taxes. The employer pays $91.80 for Social Security and Medicare taxes, $9.60 for FUTA, and $64.80 for SUTA. The total cost of this employee to the employer is

a. $1,301.40

b. $1,200.00

c. $1,366.20

d. $1,578.00

Reference no: EM13748914

Questions Cloud

Case study- cyber security in business organizations : Case Study: Cyber Security in Business Organizations, Protecting organizational assets and information within the company has become a top priority for many organizational leaders

What would be LMNs cash collected from customers : LMN reported sales of $200,000 and an increase in accounts receivable of $30,000 during 2014. Under the direct method, what would be LMN's cash collected from customers during 2014?

What is the trick companys factory overhead : The Trick Company manufactures tacks. Costs for September were direct labor, $84,000; indirect labor, $36,700; direct materials, $55,900; taxes on raw materials and work in process, $4,800; factory utilities, $3,200; and insurance on plant and equipm..

Analyze the fundamental impact of it architecture : You investigated data analytics and the utilization of data analytics in business. Analyze the fundamental impact of IT architecture or enterprise architecture on information management for your chosen company or industry

The total cost of this employee to the employer : An employee has gross earnings of $1,200 and withholdings of $91.80 for Social Security and Medicare taxes and $120 for income taxes. The employer pays $91.80 for Social Security and Medicare taxes, $9.60 for FUTA, and $64.80 for SUTA.

A description of the therapy or technique : A description of the therapy or technique of your choosing and why it is considered effective for stress management. A brief discussion on the history of the therapy or technique

Compare the probable rights and powers of women : Compare the probable rights and powers of women in the typical pre-urban village with those of women living in the typical urban Sumerian city. Did the establishment of cities help women overall, or did it hurt them? Explain

Advanced accounting discussion prompt : In the intercompany transfer of depreciable assets, it is likely that the acquiring company may be making different use of the asset than did the seller. As such, the salvage value and/or the expected useful life of the asset may be changed. Is it ap..

Analyze the term risk appetite : Assignment: Organizational Risk Appetite and Risk Assessment, Analyze the term "risk appetite". Then, suggest at least one (1) practical example in which it applies

User Account

All Pages