The employees of Pelter Company earn wages of $16,100 for the two weeks ending April...
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Accounting
The employees of Pelter Company earn wages of $ for the two weeks ending April FIT taxes of $ were withheld. The entire amount of wages is subject to the FICA taxes, but only $ is taxable under the federal and state unemployment compensation laws. The state contribution rate of the employer is All employees are subject to state unemployment contributions of on the April taxable wages of $ and the employees' contributions are to be deducted by the employer.
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