Family Flowers employs 17 people, of whom 14 earn gross pay of $620.00 each and 3 earn gross pay of $700.00 each on a weekly basis. What is the employer's share of total Social Security and Medicare...


Family Flowers employs 17 people, of whom 14 earn gross pay of $620.00 each and 3 earn gross pay of $700.00 each on a weekly basis. What is the employer's share of total Social Security and Medicare taxes for the first quarter of the year? (Social security tax is 6.2% of wages up to $128,400. Medicare tax is 1.45% of all wages.)




a $620.00

b $700.00

c $850.68

d $10,720.71






Jun 04, 2022
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