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DochEvi [55]
2 years ago
11

Dawn is verifying the accuracy of her paycheck. She earns $12 an hour and works 40 hours each week. Her biweekly deductions are

social security 6.2%, Medicare 1.45%, federal withholding tax $73.25, state withholding tax $22.50, and health insurance $37.47. What is her net pay if she is paid biweekly?
A. $753.34 B. $779.44 C. $784.34 D. $826.78
Business
2 answers:
deff fn [24]2 years ago
8 0

Answer:

$753.34

Explanation:

in order to accurately determine  her net pay biweekly, firstly, calculate her earnings biweekly. next, subtract her total biweekly deductions from her total biweekly earnings.The resultant amount is her net pay

therefore,

earning per hour = $12

earnings for 40 hours= $12×40=$480

earnings biweekly (every two weeks)=$480×2=$960

total bi weekly deductions;

security = \frac{6.2}{100}×960=$59.52

medicare=\frac{1.45}{100}×960=$13.92

federal withholding tax=$73.25

state withholding tax=$22.50

health insurance =$37.47

total deductions=$59.52+$13.92+$73.25+$22.50+$37.47=$206.66

∴net pay= total biweekly earnings - total biweekly deductions

=$960-$206.66

net pay =$753.34

kap26 [50]2 years ago
7 0
The answer is a) $753.34
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Answer  and Explanation:

1.

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Ending inventory for June can be analysed from chart given above which shows 1800, therefore production for July is = 1800/40% = 4500 units

Beginning Inventory is taken as 40% of current months

2.

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Total Material Requirements (Pounds) 5060 5905 5875

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Answer:

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Cr Paid-in Capital$126,500

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(Record of common stock for cash)

b.

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Dr Cash$72,000

Cr Common Stock$72,000

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c.

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