Solved

The Following Information Is for Employee Ella Dodd for the Week

Question 168

Essay

The following information is for employee Ella Dodd for the week ended March 15.
Total hours worked: 48
Rate: $15 per hour, with double time for all hours in excess of 40
Federal income tax withheld: $200
United Fund deduction: $50
Cumulative earnings prior to current week: $6,400
Tax rates:Social security: 6.0% on maximum earnings of $120,000
Medicare tax: 1.5% on all earnings
State unemployment: 3.4% on maximum earnings of $7,000; on employer
Federal unemployment: 0.8% on maximum earnings of $7,000; on employer
(a)Determine (1) total earnings, (2) total deductions, and (3) cash paid.
(b)Determine each of the employer's payroll taxes related to the earnings of Ella Dodd for the week ended March 15.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions