An employee has gross earnings of $1,200 with withholdings of 6.2% FICA-OASDI,1.45% FICA-Medicare,$50 for federal income tax and $10 for state income tax.How much is the net pay?
A) $900.00
B) $781.15
C) $1,048.20
D) $791.15
Correct Answer:
Verified
Q61: To examine in detail the weekly payroll
Q62: A summary record of each person's earnings,
Q70: Workers' Compensation Insurance is:
A) paid by the
Q71: Why would a business decide to use
Q73: The taxable earnings column of the payroll
Q74: The use of a payroll register to
Q79: The payroll register includes sections for recording:
A)
Q79: Which report would an employer review if
Q80: What is required of an employer by
Q85: The payroll information for a pay period
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents