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Problem 5-1A Compute the net pay for Karen Wilson and Katie Smith. Assume that they are paid biweekly, subject to federal income tax use the

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Problem 5-1A Compute the net pay for Karen Wilson and Katie Smith. Assume that they are paid biweekly, subject to federal income tax use the wage-bracket method) and FICA taxes, and have no other deductions from their pay. They have a state tax rate of 3 percent. they choose to participate in the cafeteria plan, the deduction for the pay period is $100 otherwise, there is no deduction for the cafeteria plan. The cafeteria plan qualifies under Section 125. You do not need to complete the number of hours. Use the Wage Bracket Method Tables for Income Tax Withholding in Appendix C (Round your intermediate calculations and final answers to 2 decimal places) Name Hourly MS Wo Porto No of Regular Overtime No of Holiday Table Gros Coming Section 128 4 Karen Wilson. no cafeteria plan Karen Wilson.cafeteria plan Katie Smith no catena plan Katie Smith.cafeteria plan 4 $ 2.000.00 200000 S200000 200000 Name Gross tamingo Wages for Wagen for Foder WM FICA Federal WH Social Security Medicare State WHT Karen Win t er plan Problem 5-1A Compute the net pay for Karen Wilson and Katie Smith. Assume that they are paid biweekly, subject to federal income tax use the wage-bracket method) and FICA taxes, and have no other deductions from their pay. They have a state tax rate of 3 percent. they choose to participate in the cafeteria plan, the deduction for the pay period is $100 otherwise, there is no deduction for the cafeteria plan. The cafeteria plan qualifies under Section 125. You do not need to complete the number of hours. Use the Wage Bracket Method Tables for Income Tax Withholding in Appendix C (Round your intermediate calculations and final answers to 2 decimal places) Name Hourly MS Wo Porto No of Regular Overtime No of Holiday Table Gros Coming Section 128 4 Karen Wilson. no cafeteria plan Karen Wilson.cafeteria plan Katie Smith no catena plan Katie Smith.cafeteria plan 4 $ 2.000.00 200000 S200000 200000 Name Gross tamingo Wages for Wagen for Foder WM FICA Federal WH Social Security Medicare State WHT Karen Win t er plan

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