Question
Compute net earnings on March 3, when gross (taxable) pay equals $750. FICAOASDI tax rates are 6.2%, FICAMedicare rate is 1.45%, federal income tax $71.00,
Compute net earnings on March 3, when gross (taxable) pay equals $750. FICAOASDI tax rates are 6.2%, FICAMedicare rate is 1.45%, federal income tax $71.00, and state income tax $15.00. (Round your answer to the nearest whole dollar.)
A.
$678
B.
$607
C.
$622
D.
$693
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Cost Accounting
Authors: Edward B. Deakin, Michael Maher
3rd Edition
0256069190, 978-0256069198
