The Payroll Register of the Retro Manufacturing Company Showed Total

Essay

The payroll register of the Retro Manufacturing Company showed total employee earnings of $25,000 for the week ended January 18,2016.Compute the employer's payroll taxes for the period.Use a rate of 6.2 percent for the employer's share of the social security tax,1.45 percent for Medicare tax,0.6 percent for FUTA tax,and 5.4 percent for SUTA tax.Assume all earnings are taxable.