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An Employee Has Gross Earnings of $2,400 with Withholdings of 6.2

Question 67

Multiple Choice

An employee has gross earnings of $2,400 with withholdings of 6.2% FICA-OASDI, 1.45 % FICA-Medicare, $100 for federal income tax and $40 for state income tax. How much is the gross pay? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest whole dollar.)


A) $2,400
B) $2,076
C) $2,116
D) $2,176

Correct Answer:

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