Stones gross pay for the week is 1900 Stones yearto date pay

Stone\'s gross pay for the week is $1,900. Stone\'s 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 Stone\'s year-to-date pay has not yet exceeded the $7,000 cap. What is the amount of state and federal unemployment tax that his employer must record as payroll tax expense and pay to the federal and state governments? wr-to-date pay haseral and sae govemments? O A. $268.19 O B. $114.00 OC. S141.55 O D. $255.55

Solution

answer:

B. 114.00

Gross Pay 1900
state and federal unemployement tax rate 6%
state and federal unemployement tax 1900*6% 114
 Stone\'s gross pay for the week is $1,900. Stone\'s year-to date pay is under the limit for OASDI. Assume that the rate for state and federal unemployment comp

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