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QUESTION 1 lane Peter's regular rate of 0a}.r is $10 per hour with the normal one and oneehalftimes her regular rate for anyI hours which
QUESTION 1 lane Peter's regular rate of 0a}.r is $10 per hour with the normal one and oneehalftimes her regular rate for anyI hours which exceed 40 hours per week. She worked 45 hours last week. therefore, her gross wages were: - :3 $450. '3' $475. '3' $525. '3' $550. QUESTION 2 Sue Sweet's regular rate of pa}.r is $15 per hour with the normal one and one-halftimes her regular rate for any hours which exceed 4-0 hours perweek. She worked 50 hours last week. The federal income tax is at 25% on all salaries and wages. and the FICAtax rate is at ?.65%. Sue also takes out 5% for her retirement account. What is Sue's net pay for this week? "37' $618.75 '33 $577.50 '3' $555.64 "3' $514.39 QUESTION 3 if the FICAtaX rate on the rst $85,000 in salaries and wages is at 7.65%. and the federal income tax is at 25% on all salaries and wages. what would be an employee's deductions for the year if he earned $95,000? '3' $6,502.50 '3'\" $25.?5000 '33 $30,252.50 '3' $64.?4?.5D QUESTION 4 Which of the following is not the responsibility of a business owner? O FICA Federal Income Tax O FUTA O SUTA QUESTION 5 Which one of the following payroll taxes does not result in a payroll tax expense for the employer? O FICA tax Federal income tax Federal unemployment tax State unemployment tax
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