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What is the total payroll tax for the week

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Question - Intermediate, Inc. has a weekly payroll of $38,000 with the following withholdings: Social Security, Medicare, Federal Income Tax Withholding $7,600, State Income Tax Withholding $ 1,900; 401K plan withholding $1,000; Health Care Insurance Premium Withholding $1,500. If the FUTA rate is 0.6% and the SUTA rate is 5.4%, what is the total payroll tax for the week?

a. $5,052

b. $5,187

c. $228

d. $2,907

e. None of these is correct.

Reference no: EM132531649

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