What is the total payroll tax expense, Accounting Basics

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What is the total payroll tax expense

Bear Corporation's payroll taxes expense on each employee includes: 7.65% OASDI and HI taxes on the first $87,000 earned, 0.8% federal unemployment taxes on the first $7,000 earned, and 2.5% state unemployment taxes on the first $7,000 earned. What is the total payroll tax expense for the first quarter?Question 3 options.

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Accounting Basics: What is the total payroll tax expense

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Accounting Basics: What is the total payroll tax expense

Reference No:- TGS0704178

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Recent Questions Asked Accounting Basics

Q : Explaim the value common stock outstanding

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Q : Discuss the way that best for increasing their current ratio

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Q : What is the total payroll tax expense

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Ask an Expert for Answer!!

Accounting Basics: What is the total payroll tax expense

Reference No:- TGS0704178

Recent Questions Asked Accounting Basics

Q : Explaim the value common stock outstanding

Q : What is the amount of preferred dividends

Q : Discuss the way that best for increasing their current ratio

Q : Which of the entries should be journalized

Q : What is the total payroll tax expense

Q : Explain the most desirable or profitable operations

Q : What is the life of any new equipment purchased

Q : Determine the best plan and calculate the savings

Q : Describe the benefit pension plan

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