Ken Gorman is a maitre d' at Carmel Dinner Club. On February 1,20 his gross...

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Accounting

image Ken Gorman is a maitre d' at Carmel Dinner Club. On February 1,20 his gross pay was $800 (three days working, one paid vacation day, and one paid sick day). He also reported to his employer tips of $900 for the previous month (applicable taxes to be deducted out of this pay). Gorman belongs to the company's 401(k) plan and has 5% of his gross pay ( $800 ) deducted each week (salary reduction). Carmel Dinner Club also provides a matching contribution (\$40) into the plan for Gorman. Compute the following amounts: a. Deduction for OASDI tax b. Deduction for HI tax $$xx Feedthsck T Check My Wark a. Calculate OASDI on total wages and tips (Note: 401K contribution is taxable for OASDI). Use appropriate rate for employee's OASDI. b. Calculate HI on total wages and tips (Note: 401K contribution is taxable for HI). Use appropriate rate for employee's HI

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