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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 isn1.45% on all earnings, the payroll is paid biweekly, and no state income tax applies.

Employee

Status

Allowances

Cumulative Pay

Biweekly Pay

Yan Liben

Single

1

$61,000

$1,650

Mary Pinney

Single

0

$60,500

$1,560

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SINGLE Persons-BIWEEKLY Payroll Period ttpsi/mylab.pearson.convStudent/PlayerHomework aspx?homeworkld-638157781\&questionld-2sflushed N25/23, 11:48 PM Data Table

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