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An Employee Has Gross Earnings of $1,100 and Withholdings of $60

Question 91

Multiple Choice

An employee has gross earnings of $1,100 and withholdings of $60 FICA (OASDI and Medicare) , and $50 for income taxes (FIT and SIT) . The employer pays $60 FICA (OASDI and Medicare) , $14 for SUTA, and $5.60 FUTA. What is the employer's total cost of the employee? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest whole dollar.)


A) $930
B) $1,080
C) $970
D) $1,020

Correct Answer:

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