Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. during one pay period, your company distributes $1

During one pay period, your company distributes $133,000 to employees as net pay. The income...

60.1K

Verified Solution

Question

Accounting

During one pay period, your company distributes $133,000 to employees as net pay. The income tax withholdings were $19,500 and the FICA withholdings were $8,963. Total payroll costs to the company for this pay period, excluding any unemployment taxes, was: $152,500. $170,426. $161,463. $133,000.

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Quiz 1 1 Determine which postulate can be used to prove that the triangles are...

Geometry
Q

1. Infant respiratory distress syndrome is a condition found in premature babies. In IRDS, insufficient surfactant...

Medical Sciences
Q

Determine the direction of the effective value of g⃗ g→ at a latitude of 60 ∘∘...

Physics
Q

Problem 16.8 Let X and Y be compact metric spaces and let f: X ? Y...

Advance Math
Q

3 A ray of light passes from a denser medium to a rarer medium at...

Physics
Q

1 point Use the definition of the derivative to find the derivative of y 3x...

Calculus
Q

Differentiate g x log 37 3x 2 x 0

Calculus
Q

A population numbers 13 000 organisms initially and grows by 11 6 each year Suppose...

Algebra
Q

Sales tax paid on a purchased vehicle should be classified as a. None of these...

Accounting
Q

Suppose the Baseball Hall of Fame in Cooperstown, New York, has approached Hobby Memorabilia with...

Accounting
Q

Longboard Company has a process costing system. All materials are introduced at the beginning of...

Accounting
Q

Comfortable Garments Limited is not publicly traded in the market. The risk free rate is...

Finance