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The Payroll for the Week Ended January 8 Is $15,000

Question 24

Multiple Choice

The payroll for the week ended January 8 is $15,000 with 15 percent withheld for employee income taxes and 8 percent for FICA taxes. The total amount of taxes to be remitted by the employer for this payroll would be:


A) $2,250.
B) $1,200.
C) $3,450.
D) $4,650.

Correct Answer:

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