Problem

The Victorville, California, Daily Press stated that the San Bernardino County Fair hires...

The Victorville, California, Daily Press stated that the San Bernardino County Fair hires about 150 people during fair time. Their wages range from $6.75 to $8.00. California has a state income tax of 9%. Sandy Denny earns $8.00 per hour; George Barney earns $6.75 per hour. They both worked 35 hours this week. Both are married; however, Sandy claims 2 exemptions and George claims 1 exemption. Assume a rate of 6.2% on $97,500 for Social Security and 1.45% for Medicare. (a) What is Sandy's net pay after FIT, Social Security tax, state income tax, and Medicare have been taken out? (b) What is George's net pay after the same deductions? (c) How much more is Sandy's net pay versus George's net pay? Round to the nearest cent.

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Solutions For Problems in Chapter 9