1.

Enlightened Eats in Anchorage, Alaska, has six employees who are paid semimonthly. Assume that all wages are subject to Social Security and Medicare taxes. All 401(k) and Section 125 amounts are pre-tax deductions. You do not need to complete the number of hours.

Required: Calculate the net pay from the information provided below for the November 15 pay date. Use the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C to compute federal income taxes. (Round your intermediate calculations and final answers to 2 decimal places.)

a.

W. Packer

Married/Joint, two dependents

Annual pay: $39,700

401(k) deduction: $125 per pay period

b.

K. Ela

Married/Separate, two dependents

Annual pay: $53,040

401(k) deduction: $250 per pay period

c.

G. Laureano

Single, no dependents, Box 2 not checked

Annual pay: $50,040

Section 125 deduction: $75 per pay period

401(k) deduction: $50 per pay period

d.

T. Spraggins

Married/Joint, one dependent

Annual pay: $44,160

United Way deduction: $50 per pay period

Garnishment: $50 per pay period

e.

M. Christman

Single, two dependents

Annual pay: $63,000

Section 125 deduction: $50 per pay period

401(k) deduction: 8 percent of gross pay per pay period

f.

J. Cherry

Married/Joint, one other dependent, Box 2 checked

Annual pay: $48,820

401(k) deduction: $75 per pay period