17.
Oaks Company has completed the payroll for the month of January,reflecting the following data:
Salaries and wages earned$102,000Employee income taxeswithheld13,000FICA payroll taxes*6,600
*Assessed on both employer and employee (i.e., $6,600each).
Required 1-a. What was the total labor cost to the company? labor 1-b. What was the amount of the employees’ take-home pay? Show transcribed image text
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