Question

During one pay period star valley company distributes 234,900 to employees as net pay. income tax withholdings were 34,200 and the FICA withholdings were 9,000. total payroll costs to the company for this pay period, excluding any unemployment taxes?

a.269,100
b.234,900
c.278,100
d.287,100

Answer 1

The total payroll costs to Star Valley Company for the pay period, excluding unemployment taxes, is $278,100, which is the sum of net pay, income tax withholdings, and FICA withholdings. Option C is correct.

Step-by-step explanation:

The student is asking to calculate the total payroll costs to Star Valley Company for one pay period, excluding any unemployment taxes. To solve this, we add the net pay distributed to employees, the income tax withholdings, and the FICA withholdings together. The computation is as follows:

• Net pay to employees: $234,900
• Income tax withholdings: $34,200
• FICA withholdings: $9,000

Now, adding these amounts gives us the total payroll cost.

Total Payroll Cost = Net pay + Income tax withholdings + FICA withholdings

= $234,900 + $34,200 + $9,000

= $278,100

Therefore, the correct choice is c. $278,100.