Morgan Paisley is single and works part-time in a Nashville, Tennessee Hotel as a nonexempt housekeeper. Morgan gets paid $14.50 per hour and is paid on a biweekly basis. During the pay period, she worked 52 regular hours, with 12 of those considered overtime hours. She has one withholding and no pretax deductions. Morgan will pay $58.00 in federal taxes.
Required: What is her net pay? Round calculations to two decimal places and share calculations.
Employee Names | Married/Single | # of Withhold | Regular Wages | OT Wages | Gross | Federal WH | Social Security WH | Medicare WH | Net Pay |
Employee Names | Married/Single | # of Withhold | Regular Wages | OT Wages | Gross | Federal WH | Social Security WH 6.20% | Medicare WH 1.45% | Net Pay |
Morgan Paisley | Single | 1 | $580.00 | $261.00 | $ 841.00 | $ 58.00 | $ 52.14 | $ 12.19 | $ 718.67 |
Employee Names | Married/Single | # of Withhold | Regular Wages | OT Wages | Gross | Federal WH | Social Security WH 6.20% | Medicare WH 1.45% | Net Pay |
Morgan Paisley | Single | 1 | =40*14.5 | =12*14.5*1.5 | =580+261 | 58 | =841*6.2% | =841*1.45% | =841-58-52.14-12.19 |
Morgan Paisley is single and works part-time in a Nashville, Tennessee Hotel as a nonexempt housekeeper....
Morgan Paisley is single and works part-time in a Nashville, Tennessee Hotel as a nonexempt as a housekeeper. Morgan gets paid $14.50 per hour and is paid on a biweekly basis. During the pay period he worked 52 regular hours, with 12 of those considered overtime hours. He has one withholding and no pretax deductions. Morgan will pay $58.00 in federal taxes. What is his net pay? Round calculations to 2 decimal places. social Medicare Secur |Married,| | Regular |...
Lenny Florita, an unmarried employee, works 47 hours in the week ended January 12. His pay rate is $12 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims four withholding allowances. Compute his regular pay, overtime pay (Lenny earns $18 per hour for each hour over 40 per week), and gross pay. Then compute his FICA tax deduction (6.2% for the Social Security portion and 1.45% for the Medicare portion),...
Brad Young is married with one withholding, earns $3,600 per month. Brad's employer pays him on a semimonthly basis. He has two pre-tax deductions: qualified health insurance deductions of $100 per pay and a 5% 401(k) contribution. Brad will pay $157 in fedeal taxes. Required: What is Brad's Net pay? Round calculations to 2 decimal places and share calculations. Employee Name Married/Single # of withhold Wages Gross Insurance 401(k) Federal taxable wage FICA taxable wages Federal WH Social Security WH...
Theme: Wages, Taxes, and Forming a Budget Suppose you are single and work for a company that pays you $24/hour for all regular hours and time-and-a-half for any weekly hours exceeding 40 hours. In a typical workweek, you work 44 hours. Assume you are paid biweekly. Find the following for each biweekly pay. 1) [4] Gross Wages 2) [2] FICA 3) [2] Medicare 4) [2] SDI 5) [2] State Tax (3.1%) 6) [2] Local Tax (1.2%) 7) [6] Federal Withholding...
Lenny Florita, an unmarried employee, works 50 hours in the week ended January 12. His pay rate is $12 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims four withholding allowances. Compute his regular pay, overtime pay (Lenny earns $18 per hour for each hour over 40 per week), and gross pay. Then compute his FICA tax deduction (6.2% for the Social Security portion and 1,45% for the Medicare portion),...
Brad Young is married with one withholding, earns $3,600 per month. Brad’s employer pays him on a semimonthly basis. He has two pre-tax deductions: qualified health insurance deductions of $100 per pay and a 5% 401(k) contribution. Brad will pay $157 in federal taxes. What is Brad’s Net pay? Round calculations to 2 decimal places. social Medicare Federal FICA Federal Employee NameMarried / Single withhold age Grs Insurance Taxable Taxable Wages Wages WH WHİWH|Net Pay
Lenny Florita, an unmarried employee, works 46 hours in the week ended January 12. His pay rate is $13 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and withholding allowances. Compute his regular pay, overtime pay (Lenny earns $20 per hour for each hour over 40 per week), and gross pay. Then compute his FICA tax deduction (6.2% for the Social Security portion and 1.45% for the Medicare portion), income tax deduction (use the wage...
Lenny Florita, an unmarried employee, works 47 hours in the week ended January 12. His pay rate is $12 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims four withholding allowances. Compute his regular pay, overtime pay (Lenny earns $18 per hour for each hour over 40 per week), and gross pay. Then compute his FICA tax deduction (6.2% for the Social Security portion and 1.45% for the Medicare portion)....
Lenny Florita, an unmarried employee, works 52 hours in the week ended January 12. His pay rate is $11 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims two withholding allowances. Compute his regular pay, overtime pay (Lenny earns $16.50 per hour for each hour over 40 per week), and gross pay. Then compute his FICA tax deduction (6.2% for the Social Security portion and 1.45% for the Medicare portion),...
If the wages are- But less | At least than SINGLE Persons-WEEKLY Payroll Period And the number of withholding allowances claimed Is- 1 | 2 | 3 4. 7. | The amount of Income tax to be withheld is- 0 | 5 6 8 9 10 $600 610 620 630 640 650 660 670 680 690 $610 620 630 640 650 660 670 680 690 នៗond no No o pond ឧ០០០ co-on d © No Exercise 11-18A Computing gross and...