Gross payroll is $31,600. Employer FICA/Medicare is 7.65%, workers' compensation is 4.60%, and SUTA is 1.40%. Ignore wage-base limits. What payroll burden is accrued?
Correct Answer
D) $4,313.40
The combined rate is 13.65%, applied to gross payroll.
Why This Is the Correct Answer
The combined rate is 13.65%, applied to gross payroll.
Why the Other Options Are Wrong
Option A: $3,950.00
$3,950.00 is below the supported result for payroll burden; it likely skips a premium-pay or employer-cost component.
Option B: $4,061.20
$4,061.20 is below the supported result for payroll burden; it likely skips a premium-pay or employer-cost component.
Option C: $4,197.60
$4,197.60 is below the supported result for payroll burden; it likely skips a premium-pay or employer-cost component.
Memory Technique
Clerk Loads payroll: time, premium, reimbursement, proof in separate buckets.
Reference Hint
Open-book path: tab Builder's Guide to Accounting, 2001 to Section Two, Payroll Accounting, Accounting for Tax Liabilities; use the job ledger figures in the stem and recompute the same accounting measure.
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