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Ron Swift earned $1,500 last week. He is married, is paid biweekly, and claims two exemptions. Using the percentage method (use tables in the handbook),

Ron Swift earned $1,500 last week. He is married, is paid biweekly, and claims two exemptions. Using the percentage method (use tables in the handbook), his income tax is:

Multiple Choice

None of these

$140.88

$109.69

$73.76

$116.40

FICA tax base:

Multiple Choice

  • Changes yearly

  • Never changes

  • None of these

  • Changes once every two years

  • Is never more than $60,000

A variable commission scale means that for different levels of net sales there are different commission rates.

True or False

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