In 2022, Ship Shop had three employees. Two of the employees worked full time and...
90.2K
Verified Solution
Link Copied!
Question
Accounting
In 2022, Ship Shop had three employees. Two of the employees worked full time and earned salaries of $25,000 each. The third employee worked part time and earned $4,000. The employer paid state unemployment tax equal to 5.4 percent of each employee's wages up to $7,000. How much unemployment tax was paid to the state from Ship Shop for 2022?
a. $918
b. $972
c. $136
d. $168
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!
