Question
Isabelle's gross pay for the week is $960.00. Her deduction for federal income tax is based on a rate of 20%. She has voluntary deductions
Isabelle's gross pay for the week is $960.00. Her deduction for federal income tax is based on a rate of 20%. She has voluntary deductions of $235.00. Her yearly pay is under the limit for OASDI. (Assume a FICAOASDI Tax of 6.2% and FICAMedicare Tax of 1.45%. Do not round any intermediate calculations, and round your final answer to the nearest cent.) What is her net pay?
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
