3 Theodore Simpson works for Blair Company all year and earns a monthly salary of $4,000 There is no overtime pay Based on Theodore's W 4, Blair withholds income taxes at 15 of his gross pay As of July 31 , Theodore had $28,000 of cumulative earnings More info inpson for the xplanation on the For all payroll calculations, use the following tax rates and round amounts to the nearest cent Employee OASDI 6 2 on first $117,000 earned Medicare 1 45 up to $200,000,2 35 on earnings above $200,000 Employer OASDI 6 2 on first $117,000 earned Medicare 1 45 FUTA 0 6 on first $7,000 eamed SUTA 5 4 on first $7,000 earned 3 Theodore Simpson works for Blair Company all year and earns a monthly salary of $4,000 There is no overtime pay Based on Theodore's W 4, Blair withholds income taxes at 15 of his gross pay As of July 31 , Theodore had $28,000 of cumulative earnings More info inpson for the xplanation on the For all payroll calculations, use the following tax rates and round amounts to the nearest cent Employee OASDI 6 2 on first $117,000 earned Medicare 1 45 up to $200,000,2 35 on earnings above $200,000 Employer OASDI 6 2 on first $117,000 earned Medicare 1 45 FUTA 0 6 on first $7,000 eamed SUTA 5 4 on first $7,000 earned

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3  Theodore Simpson works for Blair Company all year and earns a monthly salary of $4,000  There is no overtime pay  Based on Theodore's W 4, Blair withholds income taxes at 15  of his gross pay  As of July 31 , Theodore had $28,000 of cumulative earnings  More info inpson for the xplanation on the For all payroll calculations, use the following tax rates and round amounts to the nearest cent  Employee  OASDI  6 2  on first $117,000 earned  Medicare  1 45  up to $200,000,2 35  on earnings above $200,000  Employer  OASDI  6 2  on first $117,000 earned  Medicare  1 45   FUTA  0 6  on first $7,000 eamed  SUTA  5 4  on first $7,000 earned  3  Theodore Simpson works for Blair Company all year and earns a monthly salary of $4,000  There is no overtime pay  Based on Theodore's W 4, Blair withholds income taxes at 15  of his gross pay  As of July 31 , Theodore had $28,000 of cumulative earnings  More info inpson for the xplanation on the For all payroll calculations, use the following tax rates and round amounts to the nearest cent  Employee  OASDI  6 2  on first $117,000 earned  Medicare  1 45  up to $200,000,2 35  on earnings above $200,000  Employer  OASDI  6 2  on first $117,000 earned  Medicare  1 45   FUTA  0 6  on first $7,000 eamed  SUTA  5 4  on first $7,000 earned

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3. Theodore Simpson works for Blair Company all year and earns a monthly salary of $4,000. There is no overtime pay. Based on Theodore's W-4,

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