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I need to find the social security and Medicare. Please let me know how you got your answer as well!

I need to find the social security and Medicare. Please let me know how you got your-example-1
User Nithinlal
by
5.4k points

1 Answer

3 votes

Answer:

See below

Step-by-step explanation:

Social security and medicare per period

1. Otto:

Pay per period = 76,432/ 12

=6,369.33

social security = 6.2% of 6,369.33

=6.2 /100 x 6,369.33

=394.898

=394.9

medicare = 1.45 % of 6,369.33

=1.45/100 x 6,369.33

=92.355

=92.36

2. G. Hernandez :

Pay per period= 43,902 / 26= 1,688.54

social security =6.2% of 1,688.54

=6.2/100 x 1,688.54

=104,689

=104.69

medicare=1.45 of 1,688.54

=1.45/100 x 1,688.54

=24.48

A.Toms:

Pay per period = 20,235 /12 =1,686.25

social security = 6.2 % of 1,686.25

=6.2/100 x 1,686.25

=104.55

Medicare = 1.45 % of 1,686.25

=1.45/100 x 1,686.25

=24.45

User Roy Levy
by
5.2k points