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The Dehl Company Payroll for the First Week in January

Question 38

Multiple Choice

The Dehl Company payroll for the first week in January was $12,000. The amount of income tax withheld was 12 percent and the FICA, state unemployment, and federal unemployment tax rates were 8 percent, 5 percent, and 1 percent, respectively. The amount of the employees' withholding taxes are:


A) $1,680.
B) $2,400.
C) $1,440.
D) $3,120.

Correct Answer:

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