Question: 17 vod Help Sever S Exercise 9-18A Computing gross and net pay LO P5 Vinny Vale, an unmarried employee, works 46 hours in the week

vod Help Sever S Exercise 9-18A Computing gross and net pay LO P5 Vinny Vale, an unmarried employee, works 46 hours in the week ended January 12. His pay rate is $13 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims two withholding allowances Computers regular pay, overtime pay (Vinny ears $19.50 per hour for each hour over 40 per week) and gross pay. Then compute his FICA deduction (6.2% for the Social Security portion and 145% for the Medicare portion income tax deduction use the wage bracket withholding table from Exhibit 9A6), total deductions, and net pay (Round your intermediate calculations and final answers to 2 decimal places.) 22 Hourly Rate Hours Regular pay Overtime pay Gross pay FICA Social Security tax deduction FICA-Medicare tax deduction Income tax deduction Total deduction Netpay

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Exercise 9-18A Computing gross and net pay LO P5 Lenny Florita, an unmarried employee, works 46 hours in the week ended January 12. His pay rate is $13 per hour, and his wages have deductions for...

You received partial credit in the previous attempt. Check my work View previous attempt Exercise 9-18A Computing gross and net pay LO P5 Lenny Florita, an unmarried employee, works 46 hours in the...

Exercise 9-18A Computing gross and net pay LO P5 Lenny Florita, an unmarried employee, works 47 hours in the week ended January 12. His pay rate is $12 per hour, and his wages have deductions for...

6 Exercise 9-18A Computing gross and net pay LO P5 56 nts Lenny Florita, an unmarried employee, works 45 hours in the week ended January 12. His pay rate is $14 per hour, and his wages have...

Exercise 9-18A Computing gross and net pay LO P5 Lenny Florita, an unmarried employee, works 48 hours in the week ended January 12. His pay rate is $14 per hour, and his wages have deductions for...

Exercise 9-18A Computing gross and net pay LO P5 Lenny Florita, an unmarried employee, works 45 hours in the week ended January 12. His pay rate is $14 per hour, and his wages have deductions for...

Exercise 9-20A Computing gross and net pay P5 Lenny Florita, an unmarried employee, works 48 hours in the week ended January 12. His pay rate is $14 per hour, and his wages have deductions for FICA...

Exercise 11-18A Computing gross and net pay LO P5 Lenny Florita, an unmarried employee, works 46 hours in the week ended January 12. His pay rate is $13 per hour, and his wages have deductions for...

xercise 9-18A Computing gross and net pay LO P5 Lenny Florita, an unmarried employee, works 48 hours in the week ended January 12. His pay rate is $12 per hour, and his wages have deductions for FICA...

Exercise 11-18A Computing gross and net pay LO P5 Lenny Florita, an unmarried employee, works 48 hours in the week ended January 12. His pay rate is $12 per hour, and his wages have deductions for...

Patient progress in a health care facility for a certain diagnosis-related group have a few vital characteristics (systolic blood pressure, diastolic blood pressure, total cholesterol, weight)...

What is the name of fluid that founds between cells and blood capillary vessel Plasma fluid interstitial fluid intravascularl O 1+3

The tulip bulb was considered an investment good because Group of answer choices investors had to put little money down to purchase one the bulbs took longer to produce a flower than seeds the bulbs...

(Appendices) A luncheon speaker stated, most firms have a strong financial incentive to reduce occupational injuries because the indirect costs of workplace accidents can exceed the employers direct...

(Appendices) James, age 28, was laid off by an auto manufacturer when the firm began retooling to produce a new model car. He knows he will be called back to work when the model changeover is...

(Appendices) State and local governments typically provide defined-benefit retirement plans to eligible employees. Defined-benefit pension plans have certain common Features. LO6 a. Briefly describe...