Multiple Choice
An employee has gross earnings of $1,200 with withholdings of 6.2% FICA-OASDI,1.45% FICA-Medicare,$50 for federal income tax and $10 for state income tax.How much is the net pay?
A) $900.00
B) $781.15
C) $1,048.20
D) $791.15
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q32: List the purposes of Federal Insurance Contributions
Q34: Companies can choose different pay periods for
Q35: Gene's Tax Service has two types of
Q38: Bob's Auction House's payroll for June includes
Q39: For each of the following, identify in
Q40: Todd earns an hourly rate of $20
Q41: Bob's Cake House's payroll for April includes
Q42: Compute employee FICA taxes for the year
Q83: When calculating the employer's payroll tax expense,
Q135: A calendar quarter consists of:<br>A) 13 weeks.<br>B)