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    Exam 7: Calculating Pay and Payroll Taxes: the Beginning of the Payroll Process
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    An Employee Has Gross Earnings of $2,000 with Withholdings of 6.2
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An Employee Has Gross Earnings of $2,000 with Withholdings of 6.2

Question 22

Question 22

Multiple Choice

An employee has gross earnings of $2,000 with withholdings of 6.2% FICA-OASDI,1.45 % FICA-Medicare,$100 for federal income tax and $30 for state income tax.How much is the gross pay?


A) $2000.00
B) $781.15
C) $771.15
D) $791.15

Correct Answer:

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