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PLS POST ANSWERS FOR ALL THESE QUES QUESTION 1 Christos Skantzaris' business, Skantzaris Consulting Incorporated, has 5 employees who are paid one week after the
PLS POST ANSWERS FOR ALL THESE QUES
QUESTION 1 Christos Skantzaris' business, Skantzaris Consulting Incorporated, has 5 employees who are paid one week after the week they work. As of September 8, each employee's gross earnings for the year were as follows. Baker $129.600 Colantuonio $117.300 Gately $32.400 Perry Smith S6,900 $4.800 For this year, the OASDI FICA tax rate is 6 2% of the first $118,500 of each employees gross pay The Medicare FICA tax rate is 1 45% of each employees gross pay each employee has $6 withheld weekly for union dues Calculate the net pay for Skantzaris Consulting Incorporated's employee Baker for the week ended September 15. Baker currently earns a salary of $3,600 per week In addition to FICA taxes and union dues, the following were withheld from Baker's weekly earnings: $720 for federal income taxes and $180 for state income taxes a $2,694.00 . $3,600.00 C$2,641.80 d. $2,41860 e. $4,558.20
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