Ernie White has $6,800 cumulative earnings during the calendar year and earned $950 during the current pay period. If the state unemployment tax is 5.4 percent of the first $7,000, the federal unemployment tax is 0.6 percent of the first $7,000, the FICA Social Security tax is 6.2 percent of the first $106,800, and FICA Medicare tax is 1.45 percent on all earnings, the amounts placed in the Taxable Earnings columns of the payroll register are: a. state unemployment, $0; federal unemployment, $0; Social Security, $850; Medicare, $850. b. state unemployment, $950; federal unemployment, $950; Social Security, $950; Medicare, $950. c. state unemployment, $200; federal unemployment, $200; Social Security, $950; Medicare, $950. d. state unemployment, $200; federal unemployment, $200; Social Security, $200; Medicare, $200. e. state unemployment, $10.80; federal unemployment, $1.60; Social Security, $58.90; Medicare, $13.78.
Ernie White has $6,800 cumulative earnings during the calendar year and earned $950 during
the current pay period. If the state
unemployment tax is 0.6 percent of the first $7,000, the FICA Social Security tax is 6.2 percent of
the first $106,800, and FICA Medicare tax is 1.45 percent on all earnings, the amounts placed in
the Taxable Earnings columns of the payroll register are:
a. state unemployment, $0; federal unemployment, $0; Social Security, $850; Medicare,
$850.
b. state unemployment, $950; federal unemployment, $950; Social Security, $950; Medicare,
$950.
c. state unemployment, $200; federal unemployment, $200; Social Security, $950; Medicare,
$950.
d. state unemployment, $200; federal unemployment, $200; Social Security, $200; Medicare,
$200.
e. state unemployment, $10.80; federal unemployment, $1.60; Social Security, $58.90;
Medicare, $13.78.
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