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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 187
Use the percentage method of withholding, a FICA rate of 6.2%, a Medicare rate of 1.45%, an SDI rate of 1%, and a state withholding tax of 3.4% in this problems.
RIVER RAFT MANAGER River Raft Adventures pays its manager, Kathryn Speers, a monthly salary of $2880 plus a commission of.8% based on total monthly sales volume. In May, River Raft Adventures has total sales of $86,280. Speers is married and claims five withholding allowances. Her deductions include FICA, Medicare, federal withholding, state disability insurance, state withholding of $159.30, credit union payment of $300, March of Dimes contribution of $20, and savings bonds of $250. Find her net pay for May. ___________
RIVER RAFT MANAGER River Raft Adventures pays its manager, Kathryn Speers, a monthly salary of $2880 plus a commission of.8% based on total monthly sales volume. In May, River Raft Adventures has total sales of $86,280. Speers is married and claims five withholding allowances. Her deductions include FICA, Medicare, federal withholding, state disability insurance, state withholding of $159.30, credit union payment of $300, March of Dimes contribution of $20, and savings bonds of $250. Find her net pay for May. ___________
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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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