Complete the following weekly payroll:
Assume: (1)FIT calculated by percentage method; (2)Social Security 6.2% on $128,400; and Medicare 1.45%.Cumulative balance before this payroll is below maximum as related to cumulative earnings in calculating Social Security.
$\begin{array}{|c|c|c|c|c|c|c|c|}
\hline \text { Name } & \begin{array}{l}
\text { Marital } \
\text { Status }
\end{array} & \begin{array}{l}
\text { Exemptions } \
\text { Claimed } \
\end{array} & \text { Gross } & \text { FIT } & \begin{array}{|l}
\text { Social } \
\text { Security }
\end{array} & \text { Medicare } & \text { Net Pay } \
\hline \text { Joe Riense } & \text { M } & 3 & \$ 1,400 & \text { A } & \text { B } & \text { C } & \mathrm{D} \
\hline
\end{array}$

Question

Complete the following weekly payroll:
Assume: (1)FIT calculated by percentage method; (2)Social Security 6.2% on $128,400; and Medicare 1.45%.Cumulative balance before this payroll is below maximum as related to cumulative earnings in calculating Social Security.
 $\begin{array}{|c|c|c|c|c|c|c|c|}
\hline \text { Name } & \begin{array}{l}
\text { Marital } \
\text { Status }
\end{array} & \begin{array}{l}
\text { Exemptions } \
\text { Claimed } \
\end{array} & \text { Gross } & \text { FIT } & \begin{array}{|l}
\text { Social } \
\text { Security }
\end{array} & \text { Medicare } & \text { Net Pay } \
\hline \text { Joe Riense } & \text { M } & 3 & \$ 1,400 & \text { A } & \text { B } & \text { C } & \mathrm{D} \
\hline
\end{array}$

Quizplus · Accepted Answer

The Answer of Complete the following weekly payroll:
Assume: (1)FIT calculated by percentage method; (2)Social Security 6.2% on $128,400; and Medicare 1.45%.Cumulative balance before this payroll is below maximum as related to cumulative earnings in calculating Social Security.
 $\begin{array}{|c|c|c|c|c|c|c|c|}
\hline \text { Name } & \begin{array}{l}
\text { Marital } \
\text { Status }
\end{array} & \begin{array}{l}
\text { Exemptions } \
\text { Claimed } \
\end{array} & \text { Gross } & \text { FIT } & \begin{array}{|l}
\text { Social } \
\text { Security }
\end{array} & \text { Medicare } & \text { Net Pay } \
\hline \text { Joe Riense } & \text { M } & 3 & \$ 1,400 & \text { A } & \text { B } & \text { C } & \mathrm{D} \
\hline
\end{array}$

Complete the Following Weekly Payroll: Assume: (1)FIT Calculated by Percentage

Complete the Following Weekly Payroll:
Assume: (1)FIT Calculated by Percentage