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QUESTION

Green Day Hardware Company's payroll for November 2014 is summarized below.

At this point in the year, some employees have already received wages in excess of those to which payroll taxes apply. Assume that the state unemployment tax is 2.5%. The FICA rate is 7.65% on an employee’s wages to $116,300 and 1.45% in excess of $116,300. Of the $297,000 wages subject to FICA tax, $24,000 of the sales wages is in excess of $116,300. Federal unemployment tax rate is 0.8% after credits. Income tax withheld amounts to $16,310 for factory, $6,880 for sales, and $5,780 for administrative.

b.) The parts of this question must be completed in order. This part will be available when you complete the part above.

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