Apple Company has three employees:
$$\begin{array} { c c c }
& \text { Gross Pay through July } & \text { Gross Pay for August } \
\text { Happy } & \$ 4,120 & \$ 750 \
\text { Doc } & 31,100 & 5,600 \
\text { White } & 95,600 & 14,700
\end{array}$$ $\begin{array}{lcl}\text { Tax } & \text { Rate } & \text { Applied To } \
\text { FICA-Social Security } & 6.20 \% & \text { First } \$ 106,800 \
\text { FICA-Medicare } & 1.45 & \text { All gross pay } \
\text { FUTA } & .80 & \text { First } \$ 7,000 \
\text { SUTA } & 5.40 & \text { First } \$ 7.000
\end{array}$
What is the amount that Apple Company will record as total payroll taxes for August?

Question

Apple Company has three employees:
$$\begin{array} { c c c } 
& \text { Gross Pay through July } & \text { Gross Pay for August } \
\text { Happy } & \$ 4,120 & \$ 750 \
\text { Doc } & 31,100 & 5,600 \
\text { White } & 95,600 & 14,700
\end{array}$$ $\begin{array}{lcl}\text { Tax } & \text { Rate } & \text { Applied To } \
\text { FICA-Social Security } & 6.20 \% & \text { First } \$ 106,800 \
\text { FICA-Medicare } & 1.45 & \text { All gross pay } \
\text { FUTA } & .80 & \text { First } \$ 7,000 \
\text { SUTA } & 5.40 & \text { First } \$ 7.000
\end{array}$
What is the amount that Apple Company will record as total payroll taxes for August?

Quizplus · Accepted Answer

The Answer of Apple Company has three employees:
$$\begin{array} { c c c } 
& \text { Gross Pay through July } & \text { Gross Pay for August } \
\text { Happy } & \$ 4,120 & \$ 750 \
\text { Doc } & 31,100 & 5,600 \
\text { White } & 95,600 & 14,700
\end{array}$$ $\begin{array}{lcl}\text { Tax } & \text { Rate } & \text { Applied To } \
\text { FICA-Social Security } & 6.20 \% & \text { First } \$ 106,800 \
\text { FICA-Medicare } & 1.45 & \text { All gross pay } \
\text { FUTA } & .80 & \text { First } \$ 7,000 \
\text { SUTA } & 5.40 & \text { First } \$ 7.000
\end{array}$
What is the amount that Apple Company will record as total payroll taxes for August?

Apple Company Has Three Employees What Is the Amount That Apple Company Will Record as }