Janice Wong receives an annual salary of $42,536, which is paid weekly. Her normal work week is 40 hours, and she is paid time and a half for all overtime. She is single and claims two withholding allowances. Her deductions include FICA, Medicare, federal withholding, state disability insurance, state withholding at 4.4%, credit union payments of$125, retirement deductions of $75, association dues of$12, and a Diabetes Association contribution of $25. Find the federal withholding using the percentage method for a week in which she works 52 hours.

Beth Irwin is a computer programmer. Her annual salary is $72,400. What are her (a) monthly salary and (b) weekly salary?

Janice Wong receives an annual salary of $42,536, which is paid weekly. Her normal work week is 40 hours, and she is paid time and a half for all overtime. She is single and claims two withholding allowances. Her deductions include FICA, Medicare, federal withholding, state disability insurance, state withholding at 4.4%, credit union payments of$125, retirement deductions of $75, association dues of$12, and a Diabetes Association contribution of $25. Find the FICA for a week in which she works 52 hours.

Janice Wong receives an annual salary of $42,536, which is paid weekly. Her normal work week is 40 hours, and she is paid time and a half for all overtime. She is single and claims two withholding allowances. Her deductions include FICA, Medicare, federal withholding, state disability insurance, state withholding at 4.4%, credit union payments of$125, retirement deductions of $75, association dues of$12, and a Diabetes Association contribution of $25. Find the regular weekly earnings for a week in which she works 52 hours.

Janice Wong receives an annual salary of $42,536, which is paid weekly. Her normal work week is 40 hours, and she is paid time and a half for all overtime. She is single and claims two withholding allowances. Her deductions include FICA, Medicare, federal withholding, state disability insurance, state withholding at 4.4%, credit union payments of$125, retirement deductions of $75, association dues of$12, and a Diabetes Association contribution of $25. Find the overtime earnings for a week in which she works 52 hours.

Janice Wong receives an annual salary of $42,536, which is paid weekly. Her normal work week is 40 hours, and she is paid time and a half for all overtime. She is single and claims two withholding allowances. Her deductions include FICA, Medicare, federal withholding, state disability insurance, state withholding at 4.4%, credit union payments of$125, retirement deductions of $75, association dues of$12, and a Diabetes Association contribution of $25. Find the Medicare for a week in which she works 52 hours.

Janice Wong receives an annual salary of $42,536, which is paid weekly. Her normal work week is 40 hours, and she is paid time and a half for all overtime. She is single and claims two withholding allowances. Her deductions include FICA, Medicare, federal withholding, state disability insurance, state withholding at 4.4%, credit union payments of$125, retirement deductions of $75, association dues of$12, and a Diabetes Association contribution of $25. Find the state withholding for a week in which she works 52 hours.

Using the information from previous exercises, find the earnings at the regular rate, the earnings at the overtime rate, and the gross earnings for the employee. Round to the nearest cent.

An employee is paid a salary of $\$ 9300$ per month. If the current FICA rate is $6.2 \%$ on the first $\$ 110,000$ of earnings, and the Medicare tax rate is $1.45 \%$ of all earnings, how much should be withheld for (a) FICA tax and (b) Medicare tax during the following months?

March: (a) $\underline{\qquad\qquad}$ (b) $\underline{\qquad\qquad}$

Find the federal withholding tax for the employee. Use the wage bracket method.

Find the Social Security tax and the Medicare tax for the amount of gross earnings. Assume a 6.2% FICA rate and a 1.45% Medicare tax rate.

$683.65 _______ _______

Find the daily gross earnings for each employee.

Suppose that avocado pickers are paid as follows.

An employee is paid a salary of $11,050 per month. If the current FICA rate is 6.2% on the first$130,000 of earnings, and the Medicare tax rate is 1.45% of all earnings, how much should be withheld for (a) FICA tax and (b) Medicare tax during the following months?

March: (a) $\underline{~~~~~~~~~~}$ (b) $\underline{~~~~~~~~~~}$

Solve the application problem.

It is unusual for a new college graduate to be hired immediately as a manager responsible for more than 5-10 employees. Explain why you think this might be true.