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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 175
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.
HEATING-COMPANY REPRESENTATIVE Evelyn Beaton, a commission sales representative for Alternative Heating Company, is paid a monthly salary of $4200 plus a bonus of 1.5% on monthly sales. She is married and claims three withholding allowances. Her deductions include FICA, Medicare, federal withholding, state disability insurance, no state withholding, credit union savings of $150, charitable contributions of $25, and a savings bond of $50. Find her net pay for a month in which her sales were $42,618. The state in which Beaton works has no state income tax. ___________
HEATING-COMPANY REPRESENTATIVE Evelyn Beaton, a commission sales representative for Alternative Heating Company, is paid a monthly salary of $4200 plus a bonus of 1.5% on monthly sales. She is married and claims three withholding allowances. Her deductions include FICA, Medicare, federal withholding, state disability insurance, no state withholding, credit union savings of $150, charitable contributions of $25, and a savings bond of $50. Find her net pay for a month in which her sales were $42,618. The state in which Beaton works has no state income tax. ___________
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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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