Lonnie Flanagan's weekly gross pay is $1,250. Each week she has $64.37 in deductions, plus state...
Lonnie Flanagan's weekly gross pay is $1,250. Each week she has $64.37 in deductions, plus state tax of three percent of her gross pay, and Social Security and Medicare taxes of 8.65 percent of her income. What is her net pay?
|
a |
1,435.00 |
|
b |
$1,065.00 |
|
c |
$1,040.00 |
|
d |
$1,058.79 |
Homework Answers
| C. $1,040.00 | |
| Gross Pay | $1,250 |
| Less: | |
| Deduction | $64.37 |
| State tax ($1,250 x 3%) | $37.50 |
| Social Security and Medicare taxes ($1,250 x 8.65%) | $108.13 |
| $1,040.00 | |
Add Answer to:
Lonnie Flanagan's weekly gross pay is $1,250. Each week she has
$64.37 in deductions, plus state...
. Serena Masters is single and claims 1 allowance. Her gross weekly pay is $440.00. Each...
. Serena Masters is single and claims 1 allowance. Her gross weekly pay is $440.00. Each week she pays federal, Social Security, and Medicare taxes, $14.40 for medical insurance, and $10.00 for union dues.Find the Net pay 2. Dustin Ambrose is married and claims 3 allowances. His gross weekly pay is $628.00. Each week he pays federal, Social Security, and Medicare taxes, $52.00 for medical insurance, and $23.50 toward his retirement fund. Find the Net pay
Employee Net Pay Lindsey Vater's weekly gross earnings for the week ended March 9 were $800,...
Employee Net Pay Lindsey Vater's weekly gross earnings for the week ended March 9 were $800, and her federal income tax withholding was $128.96. Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is Lindsey's net pay? If required, round your answer to two decimal places. $
Employee Net Pay Maxwell Friedman's weekly gross earnings for the week ending March 9 were $900,...
Employee Net Pay Maxwell Friedman's weekly gross earnings for the week ending March 9 were $900, and her federal income tax withholding was $189.00. Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is Friedman pay? If required, round your answer to two decimal places.
Baker Green's weekly gross earnings for the week ending December 7 were $2,500.00, and her federal...
Baker Green's weekly gross earnings for the week ending December 7 were $2,500.00, and her federal income tax withholding was $525.00. Social security rate is 6.2% and Medicare is 1.45%, and all earnings are subject to FICA taxes. She contributes a fixed amount of $75.00 per pay check to her retirement account and also has $25.00 withdrawn, towards a charitable contribution. What is Baker Green's net pay? Round your answer to two decimal places. Show your work. (10 points)
ashleeeee Anita works a part-time job where she makes $9.45 per hour. Anita's gross pay for...
ashleeeee Anita works a part-time job where she makes $9.45 per hour. Anita's gross pay for the current pay period is $238.61 Her deductions include $28.63 for federal taxes, $14.79 for Social Security, $3.46 for Medicare, and $10.14 for state taxes. Using the information above and what you know about FICA, answer the following questions: 1.How many hours did Anita work and what was her net pay? 2. Anita works 31 hours next week. What is her gross pay, total...
Len Mast is married with three allowances. His weekly gross pay is $1,250. He will not...
Len Mast is married with three allowances. His weekly gross pay
is $1,250. He will not reach the maximum taxable salary for Social
Security purposes.
1. What is the amount that he will have deducted for Social
Security taxes?
2. What is the amount that he will have deducted for Medicare
taxes?
3. Using the percentage method, what is the amount that he will
have deducted for FIT (Federal Income Tax)?
4. What is his net pay?
SOCIAL SECURITY TAX...
Baker Green’s weekly gross earnings for the week ending December 7 were $2,500, and her federal...
Baker Green’s weekly gross earnings for the week ending December 7 were $2,500, and her federal income tax withholding was $525. Prior to this week Green had earned $98,000 for the year. Assuming the social security rate is 6% and Medicare is 1.5%, what is Green’s net pay?
Determine the weekly gross earnings for Michelle. Her regular rate of pay is $13.50 an hour,...
Determine the weekly gross earnings for Michelle. Her regular rate of pay is $13.50 an hour, with time and a half paid for all hours over 8 in a given day. Find her gross earnings for the week. S M T W TH F S Total Hours Reg - 8 8 6.5 8 7.5 - OT - 3 1.5 - 2.5 - - Jane Doe is single and claims 2 withholding allowances. Jane has weekly earnings of $520. Her deductions...
Employee Net Pay Colin Washington's weekly gross earnings for the week ended April 22 were $1,604,...
Employee Net Pay Colin Washington's weekly gross earnings for the week ended April 22 were $1,604, and his federal income tax withholding was $288.72. Assuming the social security rate is 6% and Medicare is 1.5%, what is Colin's net pay? Note: If required, round your answer to two decimal places. $
Employee Net Pay Colin Washington's weekly gross earnings for the week ended April 22 were $1,000,...
Employee Net Pay Colin Washington's weekly gross earnings for the week ended April 22 were $1,000, and his federal income tax withholding was $180. Assuming the social security rate is 6% and Medicare is 1.5%, what is Colin's net pay? Note: If required, round your answer to two decimal places.
Employee Net Pay Lindsey Vater's weekly gross earnings for the week ended March 9 were $800, and her federal income tax withholding was $128.96. Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is Lindsey's net pay? If required, round your answer to two decimal places. $
Employee Net Pay Maxwell Friedman's weekly gross earnings for the week ending March 9 were $900, and her federal income tax withholding was $189.00. Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is Friedman pay? If required, round your answer to two decimal places.
Len Mast is married with three allowances. His weekly gross pay
is $1,250. He will not reach the maximum taxable salary for Social
Security purposes.
1. What is the amount that he will have deducted for Social
Security taxes?
2. What is the amount that he will have deducted for Medicare
taxes?
3. Using the percentage method, what is the amount that he will
have deducted for FIT (Federal Income Tax)?
4. What is his net pay?
SOCIAL SECURITY TAX...
Employee Net Pay Colin Washington's weekly gross earnings for the week ended April 22 were $1,000, and his federal income tax withholding was $180. Assuming the social security rate is 6% and Medicare is 1.5%, what is Colin's net pay? Note: If required, round your answer to two decimal places.
Most questions answered within 3 hours.
-
Where is the error in this code sequence?
String s1 = "Hello";
String s2 = "ello";...
asked 10 months ago -
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
asked 10 months ago -
Consider this reaction:
Al2(SO4)3 (aq)+ BaCl3
(aq) Al2Cl6 (aq)- +
3BaSO4(s) . What is the...
asked 10 months ago -
Suppose that Savneet is considering increasing her
recent random sample from 20 car rentals to 40...
asked 10 months ago -
Trucks arrive at an unloading terminal at an average rate of 120
per hour.
Trucks arrive...
asked 10 months ago -
Why are methanol and ethanol completely soluble in water while
octanol is not very little soluble....
asked 10 months ago -
A facilities manager at a university reads in a research report
that the mean amount of...
asked 10 months ago -
When the CuSO4 is rehydrated by adding water to the anhydrous
compound, is this an endothermic...
asked 10 months ago -
A ray of sunlight is passing from diamond into crown glass; the
angle of incidence is...
asked 10 months ago -
A block of mass 0.249 kg is placed on top of a light, vertical
spring of...
asked 10 months ago -
how do the kidneys compensate in the presences of acidosis
a) trigger hyperventilate
b) reserve acid...
asked 10 months ago -
Question 501 pts
The rental rate of capital to the firm increases. Which of the
following...
asked 10 months ago