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Compute the net pay for each employee using the federal income tax withholding table included. Assume that FICA OASDI tax is 6.2% on a wage
Compute the net pay for each employee using the federal income tax withholding table included. Assume that FICA OASDI tax is 6.2% on a wage base limit of $127,200, Medicare is 1.45% on all earnings, the payroll is paid biweekly, and no state income tax applies. (Round each computation to the nearest cent as needed.) E: (Click the icon to view the employee information.) E: (Click the icon to view the Single Persons - Biweekly Payroll Period federal income tax withholding table.) Compute the net pay for each employee. Zhu Rui James Paine Data Table Gross earnings for the current pay period Deductions for employee withholding taxes Employee Status Allowances Zhu Rui Single Single Cumulative Pay Biweekly Pay $58,000 $1,700 $60,500 $1,570 James Paine 0 Total deductions Net pay Print Done 1,500 1,520 1,540 125 128 131 134 137 000 1,520 1,540 1,560 1,580 1,600 1,620 1,640 1,660 1,680 1,700 172 175 178 181 184 187 190 193 196 199 149 152 155 158 161 164 167 170 173 176 140 143 146 149 152 87 90 93 96 99 102 105 1,720 1.740 1.760 1,740 1,760 1,780 203 208 213 218 223 179 182 185 188 191 155 158 161 164 167 108 111 114 117 120 1,780 1,800
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