Multiple Choice
Jason's gross pay for the week is $1900.His year-to-date pay is under the limit for OASDI.Assume that the rate for state and federal unemployment compensation taxes is 6% and that Jason's year-to-date pay has not yet exceeded the $7000 cap.What is the total amount of payroll taxes that his employer must record as payroll tax expenses? (Do not round your intermediate calculations.Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%.)
A) $107.35
B) $117.80
C) $259.35
D) $233.74
Correct Answer:

Verified
Correct Answer:
Verified
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