Calculate employer total payroll tax liability for period

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Reference no: EM131267679

Suppose Jim worked 76 hours during this payroll period and is paid $11.00 per hour. Assume FICA is 6.2%, Medicare is 1.45% and withholding tax is 10%.

1. Calculate Jim's employer's payroll tax expense for the period.

2. Calculate Jim's employer's total payroll tax liability for the period.

Reference no: EM131267679

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