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Using the income tax withholding table in Figure 3, for each employee of Miller Company, determine the net pay for the week ended January 21.
Using the income tax withholding table in Figure 3, for each employee of Miller Company, determine the net pay for the week ended January 21. Assume a Social Security ax of 6.2 percent and a Medicare tax of 1.45 percent. All employees have cumulative earnings, including this pay period, of less than $118,500. Assume that all employees are married. If required, round your answers to the nearest cent and use the rounded answers in subsequent computations
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Using the income tax withholding table in Figure 3, for eoch emploree of Miller Company, determine the net pary for the week ended January 21 . Assume a Social Security employees are martied. If required, round your answers to the nearest cent and use the reunded answers in subsequent computations. \begin{tabular}{|c|c|c|c|} \hline \begin{tabular}{l} dicare \\ Withheld \end{tabular} & \begin{tabular}{l} Union Dues \\ Withheld \end{tabular} & \begin{tabular}{l} United Way \\ Contribution \end{tabular} & Net Pay \\ \hline & $30 & $30 & \\ \hline 1 & 30 & 30 & \\ \hline & 30 & 35 & B \\ \hline & 30 & 35 & \\ \hline & 30 & 30 & \\ \hline & $150 & $160 & \\ \hline \end{tabular} Step by Step Solution
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