Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

megan smiths regular hourly rate is $19.00, and she receives time and a half the hourly rate for each hour work excess of 40. During

image text in transcribed
megan smiths regular hourly rate is $19.00, and she receives time and a half the hourly rate for each hour work excess of 40. During the first week of April, Megan worked 45 hours. The following tax rates apply to Megan's earrings: Federal Income Taxes 10%, State Income Taxes 2%, and FICA taxes 7.65%. Her Voluntary deduction for group Hospitalization insurance is $18 per week.
compute the following amounts for megans wages for the first wrrk in April
Gross Earnings
Federal Income Taxes
state Income Taxes Withheld
FICA Taxes
Net Pay
Megan my reg hourly rate is $18.00, and the movie and how to each w 40. Dun The carino Pedralboom Tawe 10. Bhat broene Thos 2 and RICA 7 lw wowwyouture was now Instruction Compute the following ourts for More wages to the owners. Anwar hos be tomates in terms of money from you want am Gross Earnings Federal Income Taxes State Income Taxes withheld FICA Taxes Net Pay

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Survey of Accounting

Authors: Carl S Warren

6th edition

978-113318912, 1133189121, 978-1133189121

More Books

Students also viewed these Accounting questions

Question

To what extent is news constructed or created?

Answered: 1 week ago