Question

You have direct deposit. Your job pays you $8.55/hr and you work 15 hr/wk. your deductions FICA (7.65%), federal tax withholding (10.4%), and state tax withholding (7.7%). how much is deposited bi weekly?

A) $190.45
B) $239.26
C) 200.10
D) $187.55

Answer 1

$95.225 X 2 = $190.45


The answer is A.$190.45

Answer 2

Option A is correct answer.

Explanation:

Per hour wage = $8.55

Number of hours in a week = 15

So, total pay of the week is =
`8.55*15=128.25`

The biweekly salary becomes =
`128.25*2=256.50`

Deductions are as follows:

FICA (7.65%),
`0.0765*256.50=19.62`

Federal tax withholding (10.4%),
`0.104*256.50=26.67`

State tax withholding (7.7%),
`0.077*256.50=19.75`

Now adding all the deductions we get:

`19.62+26.67+19.75=66.04`

Subtracting the deductions from the biweekly pay we have =

`256.50-66.04`= $190.46

Close to option A. Hence, option A is correct.