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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.) (Click the icon to view the employee information.) : (Click the icon to view the Single Persons - Biweekly Payroll Period federal income tax withholding table.) Compute the net pay for each employee. A Data Table Yan Liben Noah Park Gross earnings for the current pay period Deductions for employee withholding taxes Employee Yan Liben Noah Park Status Single Single Allowances Cumulative Pay Biweekly Pay 2 $61,000 $1,630 1 $64,300 $1,620 Print Done Total deductions Net pay 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.) (Click the icon to view the employee information.) : (Click the icon to view the Single Persons - Biweekly Payroll Period federal income tax withholding table.) Compute the net pay for each employee. A Data Table Yan Liben Noah Park Gross earnings for the current pay period Deductions for employee withholding taxes Employee Yan Liben Noah Park Status Single Single Allowances Cumulative Pay Biweekly Pay 2 $61,000 $1,630 1 $64,300 $1,620 Print Done Total deductions Net pay
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