Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

11-09 a-b wage rate is $12.00, and she recelves a wage of 1 h times the regular hourly rate for work in excess of 40

image text in transcribed
image text in transcribed
11-09 a-b wage rate is $12.00, and she recelves a wage of 1 h times the regular hourly rate for work in excess of 40 hours. During a March weekly pay p gross eanings prior to the current week were $5,000. and claims three Rose Garza's regular hourly r of 40 hours. During a March weekly pay period, Rose Rose is marrled and claims three withholding allowances. Her only voluntary deduction is for group n insurance at $20 per week. Compute the following amounts for Rose's wages for the current week. (Round FICA taxes, (1) Gross earnings. (2) FICA taxes. (Assume a 7.65% rate on maximum of $127,200.) 3947 3) Federal income taxes withheld. 4) State income taxes withheld. (Assume a 2.0% rate.) 5) Net pay. State income taxes and Net pay answers to 2 decimal places, e.g. S2 - s 10.32 408.27

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions