Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the following salaried employees of mountain stone

The following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid semimonthly....

60.1K

Verified Solution

Question

Accounting

The following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid semimonthly. Some employees have union dues or garnishments deducted from their pay. You do not need to complete the number of hours.
Required:
Calculate their net pay using the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C to determine federal income tax. Assume box 2 is not checked for any employee. Include Colorado income tax of 4.40 percent of taxable pay. No employee has exceeded the maximum FICA limit.
Note: Round your intermediate calculations and final answers to 2 decimal places.
\table[[Employee,\table[[Filing Status,],[Dependents]],Pay,\table[[Union Dues],[per Period]],\table[[Garnishment],[per Period]],Net Pay],[S. Bergstrom,MJ-0,$,1,810,,$,50],[C. Pare,MJ-2(17),$,3,720,120,,,],[L. Van der Hooven,S-1(Other),$,3,445,240,$,75,],[S. Lightfoot,MJ-0,$,3,070,,$,100,]]
image

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!
Become a Member

Other questions asked by students

Q

Most people who are infected with the HTLV-1 virus are asymptomatic carriers. One specific subtype of...

Biology
Q

Imagine that you are educational psychologist, which method will you select in conducting a research at...

Psychology
Q

S Answer S A The wavelength of the light emitted by the sources is A...

Physics
Q

11 A simple pendulum has a length I and the mass of the bob is...

Physics
Q

From December 2007 through March 2012 researchers at the University of Pittsburgh studied a new...

Basic Math
Q

The 95 confidence interval for the population mean u is Round to two decimal places...

Statistics
Q

2 A survey was conducted between males and females to see if they prefer cheeseburgers...

Statistics
Q

For a statistics assignment Darrell looked at the relationship between hair color and eye color...

Algebra
Q

On January 4, 2018, Runyan Bakery paid $340 million for 10 million shares...

Accounting
Q

Tho Normal Balance is always a debit. True False QUESTION 2 A tranesction thway includes...

Accounting
Q

[The following information applies to the questions displayed below.] As of December 31...

Accounting
Q

Disher Cotton Farms is a large cotton producer located near Lubbock, Texas. Each year Disher...

Finance