Question: 6 ( C h 9 ) ( i ) Drill Problem 9 - 1 8 ( Static ) [ LU 9 - 2 ( 1

6(Ch9)(i)
Drill Problem 9-18(Static)[LU 9-2(1)]
Assume a tax rate of 6.2% on $142,800 for Social Security and 1.45% for Medicare. No one will reach the maximum for FICA. Complete the following payroll register. (Use the percentage method to calculate FIT for this weekly period)(Use Table 9]
Note: Do not round intermediate calculations. Round your final answers to the nearest cent.
\table[[,Marital status,Gross pay,FII,FICA,Net pay],[Employee,Social Security,Medicare],[Pat Brown,5,8,2.500,5,15500|||||,5,36.25,]]
Problem 10-01(algo)
Data for output (real income) and saving are presented in the table below.
a. Fill in the missing numbers (gray-shaded cells) in the table.
Instructions: In the table, enter your answers for consumption as a whole number. Round your answers for APC and APS to 3 decimal places. Round your answers for MPC and MPS to 1 decimal place. If you are entering any negative numbers, be sure to include a negative sign (-) in front of those numbers.
\table[[Level of Output and lecome (GDP = DII),Consumption,Seving,APC,APS,MPC,MP5],[$240,256,5-16,1.067,0067,-,],[269,,8,1.079,0.088,,],[280,,0,,,,],[300,,8,,,,],[320,,16,,,,],[340,,24,,,,],[360,,32,,,,],[380,,40,,,,],[400,,48,,,,]]
Instructions: Enter your answer as a whole number
b. What is the break-even level of income in the table?
$
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