Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

12:02 12:02 < Back CH-6 HW Part 2.docx Chapter 6 Homework Part II Pages 240, 241: 42, 44, 46 Use the percentage method of withholding,

image text in transcribed
image text in transcribed
12:02

12:02 < Back CH-6 HW Part 2.docx Chapter 6 Homework Part II Pages 240, 241: 42, 44, 46 Use the percentage method of withholding, a FICA rate of 6.200, a Medicare rate of 1.45%, an SDI rate of 100, and a state withholding tax of 3.4% in the following problems. Rage 204, #42 Awanata Jackson, district manager for Starbucks, has earning of $1147 in one week of March. She is single and claims four withholding allowances. Her deductions include FICA, Medicare, federal withholding, state disability insurance, state withholding, a United Way Contribution of $ 15, and a saving bond of $100. Find her net pay for the week. 204 Scott Salman, a travel agent, is paid on variable commission, is married, and claims four withholding allowances. He receives 3% of the first $20,000 in sales, 4% of the next $10,000 in sales, and 6% of all sales over $30,000. This week he has sales of $45,550 and the following deductions: FICA, Medicare, federal withholding, state disability insurance, state withholding, a retirement contribution of $45, a savings bond of $50, and charitable contributions of $20. Find his net pay after subtracting all of his deductions. Rage 204, River Raft Adventures pays its manager, Kathryn Speers, a monthly salary of $2880 plus a commission of 0.8% based on total monthly sales volume. In May, River Raft Adventures has total sales of $86,280. Speers is married and claims five withholding allowances. Her deductions include FICA, Medicare, federal withholding, state disability insurance, state withholding of $ 159.30, credit union payment of $300, March of Dimes contribution of $20, and saving bonds of $250. Find her net pay for May. 00 Dashboard Calendar Notifications Inbox

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Calculus An Applied Approach

Authors: Ron Larson

10th Edition

1337268704, 9781337268707

More Books

Students also viewed these Mathematics questions

Question

Explain how to control impulses.

Answered: 1 week ago

Question

2. It is the results achieved that are important.

Answered: 1 week ago