Angela's gross pay for the week is $900. Her deduction for federal income tax is based...
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Angela's gross pay for the week is $900. Her deduction for federal income tax is based on a rate of 24%. She has voluntary deductions of $150.00. Her yearly pay is under the limit for OASDI. What is the amount of FICA-Medicare Tax deducted from her pay? (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%. Do not round any intermediate calculations, and round your final answer to the nearest cent.) A. $284.85 B. $13.05 C. $55.80 D. $216.00 Angela's gross pay for the week is $900. Her deduction for federal income tax is based on a rate of 24%. She has voluntary deductions of $150.00. Her yearly pay is under the limit for OASDI. What is the amount of FICA-Medicare Tax deducted from her pay? (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%. Do not round any intermediate calculations, and round your final answer to the nearest cent.) A. $284.85 B. $13.05 C. $55.80 D. $216.00
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Related Book For
Principles of Cost Accounting
ISBN: 978-1305087408
17th edition
Authors: Edward J. Vanderbeck, Maria Mitchell
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