An employee has year-to-date earnings of $129,800. The employees gross pay for the next pay period is

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An employee has year-to-date earnings of $129,800. The employee’s gross pay for the next pay period is $5,000. If the FICA—OASDI is6.2% and the wage base is $132,900, how much FICA—OASDI tax will be withheld from the employee’s pay?

a. $192

b. $210

c. $310

d. $73

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Horngrens Financial And Managerial Accounting The Managerial Chapters

ISBN: 9781292412337

7th Global Edition

Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura

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Question Posted: Feb 02, 2024 05:01 AM

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An employee has year-to-date earnings of $129,800. The employees gross pay for the next pay period is

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Horngrens Financial And Managerial Accounting The Managerial Chapters

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