Calculate semi-monthly net pay: 1. Annual Salary: $42,120 Payroll Period: Semi Monthly Wisconsin State: Filing Status:...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Calculate semi-monthly net pay: 1. Annual Salary: $42,120 Payroll Period: Semi Monthly Wisconsin State: Filing Status: Single Allowances: 1 Trad 401K: None Other deductions: None Gross semi-monthly salary Deductions: FICA - Social Security FICA - Medicare Federal Income Tax State Income Tax 401K Other Total Deductions Net Pay %24 2. Annual Salary: Gross semi-monthly salary 2000 $48,000 Semi Monthly Payroll Period: Deductions: State: Wisconsin FICA – Social Security Filing Status: Allowances: Single FICA - Medicare 1 Trad 401K: 6% Federal Income Tax Other deductions: None State Income Tax Calculate semi-monthly net pay: 401K Other Total Deductions Net Pay Calculate semi-monthly net pay: 1. Annual Salary: $42,120 Payroll Period: Semi Monthly Wisconsin State: Filing Status: Single Allowances: 1 Trad 401K: None Other deductions: None Gross semi-monthly salary Deductions: FICA - Social Security FICA - Medicare Federal Income Tax State Income Tax 401K Other Total Deductions Net Pay %24 2. Annual Salary: Gross semi-monthly salary 2000 $48,000 Semi Monthly Payroll Period: Deductions: State: Wisconsin FICA – Social Security Filing Status: Allowances: Single FICA - Medicare 1 Trad 401K: 6% Federal Income Tax Other deductions: None State Income Tax Calculate semi-monthly net pay: 401K Other Total Deductions Net Pay
Expert Answer:
Answer rating: 100% (QA)
Annual Salary 4212000 Gross SemiMonthly Salary 175500 Deductions FICA Social Security 62 1088... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
Calculate the total Social Security and Medicare tax burden on a sole proprietorship earning 2015 profit of $300,000, assuming a single sole proprietor.
-
Calculate the total Social Security and Medicare tax burden on a sole proprietorship earning 2017 profit of $300,000, assuming a single sole proprietor?
-
Social Security is funded through a payroll tax that is separate from the federal income tax. It works in a way similar to the following example: For the first $1,800 in weekly earnings, the...
-
16. Read each brief description of a project in the following table and classify its type according to the Obeng model (Fog, Quest, Movie, Paint by Numbers (PBN)). (5) Project Reduce the cost of...
-
Polly Ferraro is a paralegal with the large firm of Major, Ingles & Hernandez. Her boss, Franklin Rush, informed her that his case was going to trial next Thursday and a few depositions had to be...
-
Count the number of people in the indicated base. a. base ten b. base five c. base three d. base eight e. base two f. base nine
-
P(170 < x < 195) The random variable x is normally distributed with mean = 174 and standard deviation = 20. Find the indicated probability.
-
Benning Manufacturing Company is negotiating with a customer for the lease of a large machine manufactured by Benning. The machine has a cash price of $800,000. Benning wants to be reimbursed for...
-
Submit an annotated outline that includes thematic headings you have drawn from the literature on your topic. The outline must include at least four of the peer-reviewed research articles you found. ...
-
How could B/C analysis be used to help determine the level of subsidy to be paid to the operator of public transportation services in a congested urban area?
-
A company's capital structure is 80% equity and the remainder is debt. The shares have a beta of 2.10, the expected return on the market is 11% and the risk free rate is 5%. The company's...
-
What was the crux of Wendy's successful Twitter campaign? Why was Twitter a good social media platform for Wendy's? Can Wendy's successful Twitter campaign be replicated on other social media...
-
What are types of business disasters and why is disaster recovery important. In your example: What business disaster occurred? What was the impact of the business disaster? Did the company have a...
-
Justify why the taxonomies of behavioral concepts for managers and leaders differ.
-
1. Draft a thorough essay on "Consuming Food for Religion, Exploring Different Diets of Various Religions". a. Could you please assist me with writing an abstract for the paper "Consuming Food for...
-
Does your Company (Burger King) determine why your customers choose you- How? Why are your current customers buying from you instead of your competitors? Knowing the answer to this question can...
-
(a) Customer satisfaction should be both a goal and a marketing tool for companies. Discuss. (b) How can companies monitor customer satisfaction and what methods can companies use to develop strong...
-
Ball bearings are widely used in industrial applications. You work for an industrial food machinery manufacturer and your role is to design the driveshaft assembly on a new type of equipment that...
-
Acme Bricks, a masonry products company, wants to have $600,000 on hand before it invests in new conveyors, trucks, and other equipment. If the company sets aside $80,000 per year in an account that...
-
Tuggle, Inc., which manufactures rigid shaft couplings, has $600,000 to invest. The company is considering three different projects that will yield the following rates of return. Project X iX = 24%...
-
A 100,000 barrel per day (bpd) fractionation tower cost $1.2 million in 2001 when the Chemical Engineering plant cost index value was 394.3. How much would a 450,000 bpd plant cost when the index...
-
Gonzales SA, a financial advising company, has the following transactions during August of the current year, its first month of operations. Indicate (a) the effect on the accounting equation and (b)...
-
Selected transactions from the journal of Wong Consultants are presented below (amounts in thousands). Instructions a. Post the transactions to T-accounts. b. Prepare a trial balance at August 31,...
-
The order of the accounts in the ledger is: a. assets, revenues, expenses, liabilities, share capitalordinary, dividends. b. assets, liabilities, share capitalordinary, dividends, revenues, expenses....
Study smarter with the SolutionInn App