Edward Dorsey is a part-time employee, and during the biweekly pay period he earned $395. In addition, he is being paid a bonus
of $300 along with his regular pay. If Dorsey is single and claims two withholding allowances, how much would be deducted from his pay for FIT? (There are two ways to determine his deduction—do not use table for percentage method.)
A) Wage Bracket Table _____________$
B) Percentage Method ______________$
A) Wage Bracket Table _____________$
B) Percentage Method ______________$
1 answer:
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Answer:
52.7%
Explanation:
Coefficient of variation= times 100%
= times 100%
= .5270462767 times 100%
= 52.704627667
Which rounded to the nearest tenth percent is 52.7%