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Berkley's gross pay for this month is $8,750. His gross pay yeartodate, prior to this month totaled $102,500. What is the amount of FICA withheld
Berkley's gross pay for this month is $8,750. His gross pay yeartodate, prior to this month totaled $102,500. What is the amount of FICA withheld from Berkley's pay for this month? (Assume an OASDI rate of 4.2%, applicable on the first $110,100 earnings, and a Medicare rate of 1.45%, applicable on all earnings.)
A.$126.88
B.$319.20
C.$367.50
D.$446.08
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