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Holden Sully manages a Dairy King drive-in. His straight-time pay is $14 per hour, with time-and-a-half for hours in excess of 40 per week. Sully's

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Holden Sully manages a Dairy King drive-in. His straight-time pay is $14 per hour, with time-and-a-half for hours in excess of 40 per week. Sully's payroll deductions include withheld income tax of 30%. FICA tax, and a weekly deduction of $8 for a charitable contribution to United Way. Sully worked 56 hours during the week. (Click the icon to view payroll tax rate information.) More info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45% up to $200,000,2.35% on earnings above $200,000. Employer: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. (.) Withholding deductions: Net (take-home) pay

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