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I know the answer is $1,370, but I need to know to calculate it.I'm missing something. Thanks,

Assuming no employees are subject to ceilings for theirearnings, Jensen Company has the following information for the payperiod of January 15 - 31, 20xx.

Gross payroll



Federal income tax withheld


Social security rate



Federal unemployment tax rate


Medicare rate



State unemployment tax rate







Assuming that all wages are subject to federal and stateunemployment taxes, the Payroll Taxes Expense would be recordedas:

A. $1,370

B. $750

C. $620

D. $2,870

Taxation 2 Weeks Ago
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