Multiple Choice
Rick O'Shea, the only employee of Hunter Furniture Company, makes $30,000 per year and is paid once a month. For the month of July, his federal income taxes withheld are $180, state income taxes withheld are $37, social security tax is 6.2%, Medicare tax is 1.45%, State Unemployment Tax is 4%, and Federal Unemployment tax is 0.6%. What is Rick's net pay for July?
A) $2,500.00
B) $2,091.75
C) $2,308.75
D) $2,283.00
Correct Answer:

Verified
Correct Answer:
Verified
Q62: If an employee whose regular hourly rate
Q63: The monthly salaries for December and the
Q64: Salespeople who are paid a percentage of
Q65: The amount debited to Wages Expense when
Q66: If an employee works for more than
Q68: During one week, three employees of
Q69: Which of the following is a factor
Q70: Abe Carter had gross earnings of $6,000
Q71: Publication 15, Circular E contains federal income
Q72: Match the description with the accounting terms.