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The Ideal Corp

Question 32

Multiple Choice

The Ideal Corp.has the following information its payroll records:
The Ideal Corp.has the following information its payroll records: The employer amount of FICA taxes that Ideal is required to pay is equal to the amount that it withholds from its employees.Assume no other payroll taxes are incurred at this time.What is Ideal's total expense with regards to this payroll? A) $80,000 B) $85,000 C) $100,000 D) $105,000
The employer amount of FICA taxes that Ideal is required to pay is equal to the amount that it withholds from its employees.Assume no other payroll taxes are incurred at this time.What is Ideal's total expense with regards to this payroll?


A) $80,000
B) $85,000
C) $100,000
D) $105,000

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