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  3. he following information about the payroll for the

he following information about the payroll for the week ended December 30 was obtained from...

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Accounting

he following information about the payroll for the week ended December 30 was obtained from the records of Pharrell Co.:

Salaries:
Sales salaries $350,000
Warehouse salaries 182,000
Office salaries 136,000
$668,000
Deductions:
Income tax withheld $117,000
Social security tax withheld 40,080
Medicare tax withheld 10,020
Retirement savings 14,696
Group insurance 12,024
$193,820
Tax rates assumed:
Social security 6%
Medicare 1.5%
State unemployment (employer only) 5.4%
Federal unemployment (employer only) 0.6%

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