Question: Problem 5 - 4 A ( Algo ) Lex Is the payroll accountant at All's Fair Glfts . The employees of All's Fair Gifts are
Problem A Algo Lex Is the payroll accountant at All's Fair Glfts The employees of All's Fair Gifts are pald semimonthly. Akila comes to Lex on April and requests a pay advance of $ which Akila will pay back in equal parts on the April and May paychecks. Akila Is single, with one dependent under is pald $ per year, contributes percent of gross pay to a mathrmk and has $ per paycheck deducted for a Section plan. Required: Compute the net pay on Akila's Aprll paycheck. The applicable state Income tax rate is percent. Use the wagebracket method for manual payroll systems with Forms W from or later In Appendix C to determine the federal income tax. Assume box is not checked. Note: Round your Intermediate calculations and final answer to mathbf decimal places. Answer is complete but not entirely correct.
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