Answer Happy

Sublime has 70 employees each working 48 hours per week and earning 528 an hour, Federal income taxes are withheld at 15% and state income taxes at 6% FICA taxes are 765% of the first $118,500 earned per employee and 145% thereafter. Unemployment taxes are 6 20% of the lust $7,000 earned per employee 1. Compute the total alanes expense, the total withholdings from employee salaries, and the actual payroll payment sales payable for the first week of January (Round your intermediate and final answers to the nearest dollar amount) Total axpense Total Wholds Actual direct deposit 5 154,224 24992 $ 29.232 2. Compute the total payroll tax expense Sublime will pay for the louary (Round your intermediate and final answers to the nearest dollar amount.) Total Dayrox