Homework Answers
1. GROSS WAGES
NORMAL WORKING HOURS = 24*40*2 = 1920
OVER TIME =24*4*2*150% = 288
TOTAL GROSS WAGES = 2208
2. FICA @6.2% =2208*6.2% = 136.9 OR 137
3. MEDICARE @ 1.45% =2208*1.45% = 32
4. SDI = 2208*1% = 22
5. STATE TAX @3.1% = 2208*3.1% = 68.45
6. LOCAL TAX @ 1.2% = 2208*1.2% = 26.5
7. FEDERAL WITHHOLDING = 2208*7.65% = 169
8.
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