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jekas [21]
2 years ago
12

According to a summary of the payroll of Mountain Streaming Co., $110,000 was subject to the 6.0% social security tax and the 1.

5% Medicare tax. Also, $25,000 was subject to state and federal unemployment taxes.
Required:
Calculate the employer's payroll taxes.
Business
1 answer:
MAXImum [283]2 years ago
7 0

a. Calculate the employer's payroll taxes, using the following rates: state unemployment, 5.4%; federal unemployment, 0.8%.

Answer:

$9800

Explanation:

This question requires us to calculate the employer's payroll taxes

His social security tax = $110000*6.0%

= 110000x0.06

=$6600

His Medicare tax = $110000*1.5%

= 110000*0.015

= $1650

His state and federal unemployment tax = 25000 dollars

State = 25000x5.4%

= $1350

Federal = 25000x0.8%

= $200

Total employers payroll tax

$(6600+1650+1350+200)

= $9800

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3 years ago
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5 0
3 years ago
Ari is currently consuming 10 hot dogs and 8 hamburgers per week. The last hot dog she consumed yielded 20 utils while the last
katen-ka-za [31]

Answer:

Yes, there is no need to change the eatings habits

Explanation:

Ari will maximize utility until

MU / P for both is equal in order to be at equilibrium

So, in this case,

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where

MU is marginal utils, which is 20

P is Price, which is $2

So,

= 20 / $2

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For Hamburgers

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where

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3 years ago
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Read more about syllogism here:
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6 0
2 years ago
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Answer:

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