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What is the total cost of Joyce Lee to her employer

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Problem - Joyce Lee earns $30,000 a year. Her employer pays a matching Social Security tax of 6.2% on the first $118,500 in earnings, a Medicare tax of 1.45% on gross earnings, and a FUTA tax of 0.6% and a SUTA tax of 5.4%, both on the first $7,000 in earnings. What is the total cost of Joyce Lee to her employer?

Reference no: EM132721044

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