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Bear corporations payroll taxes expense on each employee

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Bear Corporation's payroll taxes expense on each employee includes: 7.65% OASDI and HI taxes on the first $87,000 earned, 0.8% federal unemployment taxes on the first $7,000 earned, and 2.5% state unemployment taxes on the first $7,000 earned. What is the total payroll tax expense for the first quarter?Question 3 options.

Reference no: EM13596679

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