Compute the net pay for each employee using the federal income tax withholding table in Figure 7.2. Assume that FICA OASDI tax is 6.2% on a wage base limit of $117,000. Medicare is 1.45% on all earnings. the payroll is paid biweekly. and no state income tax applies.

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Employee Xu Daoning William Pierce Status Single Single Allowances 2 0 Cumulative Pay $59,000 61,500 Biweekly $1,65 1,63 Employee Xu Daoning William Pierce Status Single Single Allowances 2 0 Cumulative Pay $59,000 61,500 Biweekly $1,65 1,63

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Calculate the net pay for each of the employee The net pay is ca... View the full answer