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Question 36 (2 points) During the week ended December 16, 2016, Mike Roth worked 42 hours. His regular hourly rate is $22. Calculate the amount

Question 36 (2 points)

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During the week ended December 16, 2016, Mike Roth worked 42 hours. His regular hourly rate is $22. Calculate the amount of FICA: Social Security Tax and Medicare Tax to be withheld from his gross pay. Apply a 6.2 percent as a social security tax rate using the annual limit of the contribution and benefit base. For earnings in 2016, this base is $118,500. Also, apply a 1.45 percent as a Medicare tax rate. The overtime pay is equal to 1.5 of regular pay rate.

Question 36 options:

$71.41

$58.65

$12.76

$72.36

Question 37 (2 points)

image text in transcribed

During the week ended December 16, 2016, Allan Brody worked 40 hours. His regular hourly rate is $20. Calculate the amount of FICA: Social Security Tax and Medicare Tax to be withheld from his gross pay. Apply a 6.2 percent as a social security tax rate using the annual limit of the contribution and benefit base. For earnings in 2016, this base is $118,500. Also, apply a 1.45 percent as a Medicare tax rate. The overtime pay is equal to 1.5 of regular pay rate.

Question 37 options:

$11.6

$49.6

$61.2

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