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Murrr4er [49]
3 years ago
6

​Jason's gross pay for the week is $ 1,000. His yearly pay is under the limit for OASDI. Assume that the rate for state and fede

ral unemployment compensation taxes is 6​% and that​ Jason's year-to-date pay has not yet exceeded the $ 7,000 cap. His yearly pay is under the limit for OASDI. What is the total amount of payroll taxes that his employer must record as payroll tax​ expenses? (Do not round your intermediate calculations. Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%.)
Business
1 answer:
ozzi3 years ago
6 0

Answer:

Total payroll taxes                      213

Explanation:

the employeer will have to record the taxes on the wages plus the taxes on his behalf

1,000 x 6.2 = 62

1,000 x 1.45 = 14.5

Total 76.5 for the employee

Then the employer must pay the same amount of taxes.

employer taxes 76.5

Total for OASDI and Medicare: 153

Then FUTA&SUTA 6% of 1000  60

Total payroll taxes                      213

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Answer:

a. discharged.

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Based on the scenario it can be said that after the court order, O’Reilly’s contract with Planners & Builders is officially discharged. In the context of the law, a discharged contract is a contract or agreement that has been terminated or made null. This can happen due to many reasons, such as fulfillment of a contract, inability to fulfill one parties duties, Bankruptcy, etc. In this case it was due to a court order.

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In the capitalistic economy what ensures that a firm will survive only way to serve its customers wall by providing products and
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Competition

Explanation:

In the capitalistic economy, COMPETITION ensures that a firm will survive only if it serves its customers well by providing products and services that meet their needs.

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To consumers, competition is good because it normally leads to better service and lower the costs or prices of commodities.

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When electrical or magnetic interference is present
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A company that continually adds more features to an existing product to try to appeal to more customers may end up overwhelming
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It can be noted that when the addition of more features to an existing product overwhelm the customers, it is known as feature fatigue.

<h3>What is feature fatigue?</h3>

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Patrick has chosen to double major in finance and microbiology and studies 14 hours a day as a result. To make it through his st
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D) The extra energy benefits Patrick gets from another can are no longer worth the cost. MB/MC (S)

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