Mission company has three employees: gross pay through july gross pay for august smith $2,200 $2,000 cain 27,800 4,500 clark 95,600 14,100 the company is subject to the following taxes: tax rate applied to fica – social security 6.2% first $106,800 fica – medicare 1.45% all gross pay futa .80% first $7,000 suta 5.40% first $7,000 what are mission company's total august payroll taxes for smith?

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)