Question
Question 34 (2 points) During one week ended March 8, 2016, Arnold Duke worked 40 hours. His regular hourly rate is $18. These earnings are
Question 34 (2 points)
During one week ended March 8, 2016, Arnold Duke worked 40 hours. His regular hourly rate is $18. These earnings are subject to social security tax at a rate of 6.2 percent and Medicare tax at a rate of 1.45 percent. This employee also has some deductions including: $63 for federal income tax and $78 for health insurance. What is his net pay for the week?
Question 34 options:
$111.78 | |
$664.92 | |
$523.92 | |
$720 |
Question 35 (2 points)
During one week ended March 8, 2016, Jesica Lobos worked 40 hours. His regular hourly rate is $18. These earnings are subject to social security tax at a rate of 6.2 percent and Medicare tax at a rate of 1.45 percent. This employee also has some deductions including: $53 for federal income tax and $64 for health insurance. What is the amount of his Medicare Tax deduction for the week?
Question 35 options:
$44.64 | |
$20.98 | |
$104.4 | |
$10.44 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started