Alice Parker is paid $35,602 annually.
Find the equivalent earnings if this amount is paid semimonthly.
$2,966.83
$1,369.31
$1,483.42
$684.65
4.
At Tony’s Toy Factory, assemblers are paid according to the following differential piece rate scale:
1 − 40 dolls in a week = $7.50 each
41 − 60 dolls = $9.50 each
60 or more dolls = $11.25
Jenny Meyers assembled 66 dolls in one week.
Find her gross pay.
$637.50
$557.50
$495.00
$742.50
5.
An employee is paid a salary of $11,725 per month.
If the current FICA rate is 6.2% on the first $115,000 of earnings, how much should be withheld for FICA tax during the month of April?
$170.01
$726.95
$896.96
$145.39
6.
Find the federal withholding tax using the wage bracket method for each of the following employee.
1 withholding allowance
single
$523.50 weekly earnings
$43
$44
$53
$55
7.
Find the federal withholding tax using the wage bracket method for each of the following employee.
2 withholding allowances
married
$2,513.45 monthly earnings
$54
$96
$62
$58
8.
This is a multi-step problem. Each step will be separate question.
Find the net pay for each of the following employees after FICA, Medicare, federal withholding tax, state disability insurance, and other deductions have been taken out.
Assume that they have not earned over $115,000 so far this year.
Assume a FICA/Social Security rate of 6.2%, Medicare rate of 1.45%, and a state disability insurance rate of 1%.
Use the percentage method of withholding.
$1,214.29 weekly earnings, 2 withholding allowances, married, $135 in other deductions
Find the FICA/Social Security deductions.
$7,528.60
$752.86
$75.29
$7,130
9.
This is a multi-step problem. Each step will be separate question.
Find the net pay for each of the following employees after FICA, Medicare, federal withholding tax, state disability insurance, and other deductions have been taken out.
Assume that they have not earned over $115,000 so far this year.
Assume a FICA/Social Security rate of 6.2%, Medicare rate of 1.45%, and a state disability insurance rate of 1%.
Use the percentage method of withholding.
$1,214.29 weekly earnings, 2 withholding allowances, married, $135 in other deductions
Find the Medicare deductions.
$1,667.50
$1,760.72
$17.61
$176.07
10.
This is a multi-step problem. Each step will be separate question.
Find the net pay for each of the following employees after FICA, Medicare, federal withholding tax, state disability insurance, and other deductions have been taken out.
Assume that they have not earned over $115,000 so far this year.
Assume a FICA/Social Security rate of 6.2%, Medicare rate of 1.45%, and a state disability insurance rate of 1%.
Use the percentage method of withholding.
$1,214.29 weekly earnings, 2 withholding allowances, married, $135 in other deductions
Find the Federal Tax deductions.
$86.23
$128.34
$107.29
11.
This is a multi-step problem. Each step will be separate question.
Find the net pay for each of the following employees after FICA, Medicare, federal withholding tax, state disability insurance, and other deductions have been taken out.
Assume that they have not earned over $115,000 so far this year.
Assume a FICA/Social Security rate of 6.2%, Medicare rate of 1.45%, and a state disability insurance rate of 1%.
Use the percentage method of withholding.
$1,214.29 weekly earnings, 2 withholding allowances, married, $135 in other deductions
Find the SDI (State Disability Insurance) deductions.
$1,214.29
$121.43
$12.14
$1,150
12.
This is a multi-step problem. Each step will be separate question.
Find the net pay for each of the following employees after FICA, Medicare, federal withholding tax, state disability insurance, and other deductions have been taken out.
Assume that they have not earned over $115,000 so far this year.
Assume a FICA/Social Security rate of 6.2%, Medicare rate of 1.45%, and a state disability insurance rate of 1%.
Use the percentage method of withholding.
$1,214.29 weekly earnings, 2 withholding allowances, married, $135 in other deductions
Find the Net Pay.
$1,214.29
$115,000
$346.88
$866.96
13.
The employees of Kiddie Care paid a total of $2,101.23 in Social Security tax last month, $491.42 in Medicare tax, and $3,783.90 in federal withholding tax.
Find the total amount that the employer must send to the Internal Revenue Service.
$4,058.70
$8,969.20
$6,376.55
$12,753.10
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