Question
14) Dave Brown's cumulative earnings are $73,000, and his gross pay for the week is $6,200. If the FICA rates are: OASDI 6.2% on a
14) Dave Brown's cumulative earnings are $73,000, and his gross pay for the week is $6,200. If the FICA rates are: OASDI 6.2% on a limit of $117,000 and Medicare is 1.45%, what are his FICA-OASDI and FICA-Medicare taxes for the week?
15) Dave Brown's cumulative earnings are $108,000, and his gross pay for the week is $6,200. If the FICA rates are: OASDI 6.2% on a limit of $117,000 and Medicare is 1.45%, what are his FICA-OASDI and FICA-Medicare taxes for the week?
16) Dave Brown's cumulative earnings are $102,000, and his gross pay for the week is $5,300. If the FICA rates are: OASDI 6.2% on a limit of $117,000 and Medicare is 1.45%, what are his FICA-OASDI and FICA-Medicare taxes for the week?
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College Accounting A Practical Approach Chapters 1-25
Authors: Jeffrey Slater
13th Edition
0133791009, 978-0133791006
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