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An Employee Has Gross Earnings of $600 and Withholdings of $45.90

Question 64

Multiple Choice

An employee has gross earnings of $600 and withholdings of $45.90 for social security and Medicare taxes and $60 for income taxes. The employer pays $45.90 for social security and Medicare taxes and $4.80 for FUTA. The total cost of this employee to the employer is


A) $650.70.
B) $600.00.
C) $696.60.
D) $604.80.

Correct Answer:

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