Oaks Company has completed the payroll for the month of January, reflecting the following data....
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Oaks Company has completed the payroll for the month of January, reflecting the following data. Salaries and wages earned $ 86,000 Employee income taxes withheld 14,000 FICA payroll taxes 6,500 "Assessed on both employer and employee .e. $6,500 each) Required: 1-0. What was the total labor cost to the company? Total labor cost 1-b. What was the amount of the employees' take-home pay? Take-home pay
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