An employee has gross earnings of $1,400 with withholdings of 6.2% FICAOASDI, 1.45% FICAMedicare, $50...
90.2K
Verified Solution
Link Copied!
Question
Accounting
An employee has gross earnings of $1,400 with withholdings of 6.2% FICAOASDI, 1.45% FICAMedicare, $50 for federal income tax and $10 for state income tax. How much is the net pay? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest whole dollar.)
A.
$1,293
B.
$1,233
C.
$1,283
D.
$1,243
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
