Transcribed Image Text
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 weeklyhours exceeding 40 hours.In a typical workweek, you work 44 hours.Assume you are paid biweekly. Find the following for each biweeklypay. The tax year does not matter.1)Gross Wages2)FICA3)Medicare4)SDI5)State Tax (3.1%)6)Local Tax (1.2%)7)Federal Withholding (Assume 2 withholding allowances, usepercentage method.)8)Net earnings to the nearest penny.9)What percent of gross is taken away for deductions? Write youranswer to the nearest tenth of a percent.
Other questions asked by students
Mechanical Engineering
Accounting
Accounting
Accounting
Accounting