Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the germaine corp has 18 employees who all make $9

The Germaine Corp has 18 employees who all make $9.59 per hour. They all worked...

70.2K

Verified Solution

Question

Accounting

The Germaine Corp has 18 employees who all make $9.59 per hour. They all worked 77 hours last payroll period. Calculate the Germaine's payroll tax liability for its employees for the period. Assume the following tax rates: Social Security 6.20%, Medicare 1.45%, Federal income tax 10%.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Medical Sciences
1.2K views

describe the features of the sphenoid bone as seen from the inferior view

Physics
1.2K views

Compare and contrast the eye and a camera. What parts of the camera correspond to the...

General Management
1.2K views

Scenario: You are the project manager responsible for a new building construction in northern Virginia. The...

Physics
1.2K views

A piston cylinder device contains 3 lbm of refrigerant 12 at 120 psia and 120...

Statistics
1.2K views

The following probabilities are based on data collected from U S adults during the National...

Accounting
1.2K views

Incremental cost analysis calls for considering the following costs: Relevant cost. Opportunity cost. Sunk...

Accounting
1.2K views

Times interest earned Iacouva Company reported the following on the company's income statement for two...

Accounting
1.2K views

Olde Tyme Beverage Companys operating activities for the year are listed below. ...

Accounting
1.2K views

ctice Assignment Gradebook ORION Downloadable eTextbook ment Multiple Choice Question 120 For which of the...

Accounting
1.2K views

it is the same question into 2 photos easy umderstanding. Pina Colada Industries...

Finance
1.2K views

You are considering making a movie. The movie is expected to cost $106 million up...

Finance
1.2K views

A perpetuity immediate pays $100 per year. Immediately after the 5th payment, the perpetuity is...