1.Rodney Ranger is a shoe salesman for More Co. He is paid $4.60 per hour plus a commission of 3% on all sales. For the week, as
suming Rodney works 30 hours and has sales of $2,400, what is his gross pay?
Barry Katz earned $990 per week. He is married and claims three allowances. What is his federal income tax? (Use the percentage method.
Molly Flynn, an accountant at Coor Company, earned $109,400 from January to June. In July, Molly earned $4,600. Assume a tax rate of 6.2% for Social Security on the first $118,500 and a Medicare rate of 1.45%. How much is the tax for Social Security and Medicare?
Mike Goldsmith is paid $6.40 per hour. Last week he worked 40 hours, and this week 60 hours. Calculate Mike's pay for each week (time and a half over 40 hours):
Jenny earns $700 per week, plus 6% of sales in excess of $5,700. If Jenny sold $15,791 last week, what were her weekly earnings?
Robin Small pays her three workers $180, $450, and $615, respectively, per week. Calculate what Robin will pay at the end of the first quarter for (A) state unemployment and (B) federal unemployment. Assume a state rate of 5.7%. Federal is .8%. Base is $7,000.
Andrew Buckner earns $1,680 per week. He is married and claims three exemptions. What is Andrew's federal income tax? Use the percentage method
Sonny Siebert earned $485,000 a year as a rookie pitcher for the Cleveland Indians. Assuming a tax rate of 6.2% for Social Security up to $118,500 and Medicare tax of 1.45%, how much did Sonny pay in FICA taxes as a rookie pitcher?
Dan Zabrowski pays three employees $220, $475, and $600, respectively, per week. Calculate what Dan pays at the end of the first quarter for (A) SUTA at 5.7% and (B) FUTA at .8%. The base is $7,000:
Jim Push, a manager for Marvy Co., has weekly earnings subject to deductions for Social Security, Medicare, and FIT. Before this payroll, Jim is $500 below the maximum level for Social Security. What will his net pay be if he earns $760? Jim is married and claims one exemption. Use the percentage method. Assume a FICA tax rate of 6.2% on $118,500.
Jim Dashinger is a salesman who receives a $100 draw per week. He receives a 12 1/2% commission on all sales. Sales for Jim for the month were $28,000. What did Jim receive after taking the draw into consideration? (Assume a five-week month.)
Joyce Meadow pays her three workers $160, $470, and $800, respectively, per week. Calculate what Joyce will pay at the end of the first quarter for (A) state unemployment and (B) federal unemployment. Assume a state rate of 5.6%. Federal is .6%. Base is $7,000.
John Rose, owner of Rose Corporation, has three employees who earn $500, $600, and $700, respectively. After 12 weeks how much has John contributed for state and federal unemployment? Assume a state rate of 5.6% and a federal rate of .8%.
John Rose, owner of Rose Corporation, has three employees who earn $500, $600, and $700, respectively. After 12 weeks how much has John contributed for state and federal unemployment? Assume a state rate of 5.6% and a federal rate of .8%.
John Rose, owner of Rose Corporation, has three employees who earn $500, $600, and $700, respectively. After 12 weeks how much has John contributed for state and federal unemployment? Assume a state rate of 5.6% and a federal rate of .8%.
John Rose, owner of Rose Corporation, has three employees who earn $500, $600, and $700, respectively. After 12 weeks how much has John contributed for state and federal unemployment? Assume a state rate of 5.6% and a federal rate of .8%.
John Rose, owner of Rose Corporation, has three employees who earn $500, $600, and $700, respectively. After 12 weeks how much has John contributed for state and federal unemployment? Assume a state rate of 5.6% and a federal rate of .8%.
