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1)An employee has gross earnings of $2,000 with withholdings of 6.2% FICA-OASDI, 1.45 % FICA-Medicare, $100 for federal income tax and $30 for state income
1)An employee has gross earnings of $2,000 with withholdings of 6.2% FICA-OASDI, 1.45 % FICA-Medicare, $100 for federal income tax and $30 for state income tax. How much is the gross pay?
A) | $2000.00 | |
B) | $781.15 | |
C) | 771.15 | |
D) | 791.15 |
2)An employee has gross earnings of $1,200 with withholdings of 6.2% FICA-OASDI, 1.45% FICA-Medicare, $50 for federal income tax and $10 for state income tax. How much is the net pay?
A) | $900.00 | |
B) | $781.15 | |
C) | $1,048.20 | |
D) | $791.15 |
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