This paper concentrates on the primary theme of QUESTION 1 DURING THE MONTH OF MARCH, OLINGER COMPANY’S EMPLOYEES EARNED WAGES OF $63,600…. in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 40. For more details and full access to the paper, please refer to the site.
During the month of March, Olinger Company’s employees earned wages of $63,600. Withholdings related to these wages were $4,865 for Social Security (FICA), $7,453 for federal income tax, $3,081 for state income tax, and $398 for union dues. The company incurred no cost related to these earnings for federal unemployment tax but incurred $696 for state unemployment tax.