Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 4 (of 16) value 5.00 points The San Bernardino County Fair hires about 17o people during fair time. Their wages range from $8.80 $9.60.

image text in transcribed
image text in transcribed
image text in transcribed
Question 4 (of 16) value 5.00 points The San Bernardino County Fair hires about 17o people during fair time. Their wages range from $8.80 $9.60. California has a state income tax of 9%. Sandy Denny earns $9.60 per hour; George Barney earn $8.80 per hour. They both worked 35 hours this week. Both are married; however, Sandy claims exemptions and George claims 1 exemption. Assume a rate of 6.2% on $110,110 for Social Security ar 1.45% for Medicare. What is Sandy's net pay (Use Table 7.1 and Table 7.2), Social Security tax, state income tax, an Medicare have been taken out? Round your answer to the nearest cent.) Sandy's net pay 276.68 b. What is George's net pay after the same deductions? (Round your answer to the nearest cent.) T 248.82 George's net pay c. How much more is Sandy's net pay versus George's net pay? (Round your answer to the nearest cent) Difference in net pay 27.86

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Rich Dads Increase Your Financial IQ Get Smarter With Your Money

Authors: Robert T. Kiyosaki

1st Edition

1612680658, 978-1612680651

More Books

Students also viewed these Finance questions

Question

Describe how language reflects, builds on, and determines context?

Answered: 1 week ago