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Ksivusya [100]
2 years ago
12

​Brad's gross pay for the month is $ 6 comma 400. His deduction for federal income tax is based on a rate of 22​%. He has no vol

untary deductions. His yearminustominusdate pay is under the limit for OASDI. What is​ Brad's net​ pay? (Assume a FICAlong dashOASDI Tax of 6.2​% and FICAlong dashMedicare Tax of 1.45​%. Do not round any intermediate​ calculations, and round your final answer to the nearest​ dollar.)
Business
2 answers:
Mrrafil [7]2 years ago
5 0

Answer:

$4,502.40

Explanation:

Brad's net pay equals:

gross  pay                                          $6,400.00

-federal income taxes 22%              ($1,408.00)

-Social security (OASDI) 6.2%            ($396.80)

<u>-Medicare (Fed Med/EE) 1.45%            ($92.80)  </u>

net pay*                                              $4,502.40

FICA taxes include both social security (OASDI) and medicare taxes (Fed Med/EE).

*Generally state taxes and health care premiums are also deducted, but they were not included in this question.

Lera25 [3.4K]2 years ago
3 0

Answer:

$4,502

Explanation:

​Brad's gross pay for the month is $6,400. His deduction for federal income tax is based on a rate of 22​%.

Brad's net​ pay if we assume a FICAlong - OASDI Tax of 6.2​% and FICAlong -Medicare Tax of 1.45​%. will be:

His gross pay for the month less all the statutory deductions

$6400 - [(0.22 x 6400) + (0.062 x 6400) + (0.0145 x 6400)] = $4,502

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Answer:

77.48 units

Explanation:

Data provided in the questions

Annual demand = 395 units

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The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{395}\times \text{\$38}}{\text{\$5}}}

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hence, the economic order quantity is 77.48 units

We simply applied the above formula so that approximate units could come. And it always expressed in units

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2 years ago
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A it is a I am pretty sure sorry if wrong
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1 year ago
An older adult client is depressed that a primary care provider referred the client for a driving evaluation because the client
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organ and Dana are partners. The partnership capital for Morgan is $50,000 and for Dana is $60,000. Townsend is admitted as a ne
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