Enter a logical function in cell F5 that calculates employee FICA withholding. If the employee is full-time and has at least one dependent, then he or she pays 7% of the annual salary minus any deductions. All other employees pay 5% of the annual salary minus any deductions.

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Beta Manufacturing Employee Withholdings Employee ID Status Dependents Salary Deduction withholding Statistics Number of FT Employees Average Salary Ful Time 7276 FT 90,212 $ 18,984 9858 PT 8936 FT 42,906 Additional Information Average Salary of FT >=1 Dependent 6881 FT 37,191 3852 FT 52,528 6580 PT 17,126 4772 FT 94,101 4296 PT 12,471 Dependents Deduction 8884 FT 67,132 50.00 9916 FT $ 125.00 $ 250.00 $ 325.00 $ 500.00 88,604 5803 FT 55,680 8708 FT 98,869 5565 PT 11,994 6142 PT 17,957 8164 FT 66,693 FICA Withholdings 4338 FT 84,432 FT at least 1 Dependent 7% 18,994 65,648 PT or FT No Dependents 5833 PT 5% 6060 FT 2559 PT 5569 PT 18,835 15,525 Employee ID Status Dependents Salary Deduction Withholdings 3488 PT 15,861 FT Beta Manufacturing Employee Withholdings Employee ID Status Dependents Salary Deduction withholding Statistics Number of FT Employees Average Salary Ful Time 7276 FT 90,212 $ 18,984 9858 PT 8936 FT 42,906 Additional Information Average Salary of FT >=1 Dependent 6881 FT 37,191 3852 FT 52,528 6580 PT 17,126 4772 FT 94,101 4296 PT 12,471 Dependents Deduction 8884 FT 67,132 50.00 9916 FT $ 125.00 $ 250.00 $ 325.00 $ 500.00 88,604 5803 FT 55,680 8708 FT 98,869 5565 PT 11,994 6142 PT 17,957 8164 FT 66,693 FICA Withholdings 4338 FT 84,432 FT at least 1 Dependent 7% 18,994 65,648 PT or FT No Dependents 5833 PT 5% 6060 FT 2559 PT 5569 PT 18,835 15,525 Employee ID Status Dependents Salary Deduction Withholdings 3488 PT 15,861 FT

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