Patrick Poplin is a factory worker at Ingram Inc.earning $15.00 per hour.Patrick is eligible for ten paid holidays and three weeks vacation and is paid "time-and-a-half" for overtime.He is also eligible for a $700 bonus at the end of the year.Patrick's earnings so far this year are $7,000.
Tax rates are as follows:
Employee income tax 15% on all earnings
FICA 8% on first $100,000 of earnings
FUTA 1% on first $8,000 of earnings
SUTA 4% on first $8,000 of earnings
Assuming Patrick worked 48 hours this week,calculate the total expense to Ingram Inc.for this week's wages,payroll taxes and fringe benefits.
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