R.L.Ybarra employs John Ince at a salary of $53,000 a year.Ybarra is subject to employer Social Security taxes at a rate of 6.2% and Medicare taxes at a rate of 1.45% on John's salary.In addition,Ybarra must pay SUTA tax at a rate of 5.4% and FUTA tax at a rate of 0.8% on the first $7,000 of Ince's salary.Compute the total cost to Ybarra of employing Ince for the year.

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The Answer of R.L.Ybarra employs John Ince at a salary of $53,000 a year.Ybarra is subject to employer Social Security taxes at a rate of 6.2% and Medicare taxes at a rate of 1.45% on John's salary.In addition,Ybarra must pay SUTA tax at a rate of 5.4% and FUTA tax at a rate of 0.8% on the first $7,000 of Ince's salary.Compute the total cost to Ybarra of employing Ince for the year.

RLYbarra Employs John Ince at a Salary of $53,000 a Year.Ybarra