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- Assume that Johnson earns $24 per hour and he worked 40 hours this week. The Social Security rate is 6.2% and the Medicare rate is 1.45%, and his entire earnings are subject to both FICA taxes. Also, $120 in income taxes and $40 of union dues are withheld. Johnson's net take-home pay should be: Select one: O O O O A. $726.56 B. $800.00 C. $640.00 D. $738.80A- Jason works Monday to Friday, from 10:00 AM to 6:00 AM, at $18.54/hour, including 30 min unpaid lunch. (A) Jason's annual CPP contribution, considering a 5.7% deduction is?1. Payroll. Lorna Chavez is a line manager of Sunday Machine Works and is receiving a monthly salary of P30,000. She is the head of the family with two dependents. She got a cash advance of P1,500 on March 20 to be deducted from her take home pay on March 31. a) How much is her monthly net taxable income? b) How much is her take home pay as at March 15? March 31? Use the SS contribution rate of 4%, 2.75% for Philhealth, 2% of P5,000 for Pag-ibig. Gross Pay Less SS Semi monthly taxable income Less Withholding tax PH SS for half month Philhealth for half month Pag-ibig for half month Net earnings (take home pay) PxXx (xx) (xx) (xx) Pxx / 2 Pxx Use the Semi-monthly Withholding Tax Table Column 2. Pag-ibig Net Monthly Taxable Income Semi-monthly Taxable Income Pxx (xx) (xx) (xx) (xx) Prx
- 3.Brianna's semimonthly salary is $3,475. What would be her equivalent biweekly salary (in $)? (Round your answers to two decimal places.) $______ 2.Paul Curcio earns $7.45 per hour for regular time up to 40 hours, time-and-a-half for overtime, and double time for working on holidays. Find his gross pay (in $) if he worked 6 holiday hours for a total of 58 hours Monday through Saturday. $ _______6. Sadie White receives an hourly rate of $30, with time and a half for all hours worked in excess of 40 during a week. Payroll data for the current week are as follows: hours worked, 48; federal income tax withheld, $300; social security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the net amount to be paid to White?|Q- if Russell's annual earnings are $47500, what is his semi-monthly pay, rounded to the nearest dollar? Q- Danya is in grade 12 and works weekends and after school as a cashier at the dollar store, earing $17.00/h. She works an average of 27 hours per week. Her average bi-weekly pay, rounded to the nearst dollar is?
- Calculation of Take-Home Wages (Accounting for Liabilities). Lina Lu is an hourly worker who earns $50 per hour. During the prior week, Lina worked 40 hours. The FICA rate is 6.2% and Medicare Rate is 1.45%. Lina's total wages for this payroll are subject to the aforementioned taxes. In addition, she had deductions of $280 for federal income tax and $80 for insurance contribution. What is her net pay? Can you please show how you came to this answer? Thank you!1.Michael is paid on a daily basis. He is paid P 535.00 a day plus commission 1.5% on all his sales. His total sales for the month is P 38,235.00. He worked for a total of 24 2 days. Monthly deductions are 4 2 % of total monthly pay for SsS, P 75.00 for Medicare, and 3% of total monthly pay for withholding tax, union dues every month is P 20.00. a. How much is Michael's gross income? b .How much is Michael's commission? c.How much is his monthly contribution to SSS? d.How much should he pay for withholding tax? .e.How much is his total deductions? f. How much is Michael's take-home pay? 2. Jessie is a medical sales representative who receives a basic monthly salary of Php 17 500.00 and a commission of 2% on all of his sales. . a.How much is his commission for the month if he sold Php 150 500.00? b. How much is Jessie's gross earnings for the month? C.How much is Jessie's annual salary?BI WEEKLY Molly is a salaried employee; she makes $42,000 a year and is paid bi-weekly. What is her gross pay? $42,000/26=$1,615.38
- 3.Paul Curcio earns $7.35 per hour for regular time up to 40 hours, time-and-a-half for overtime, and double time for working on holidays. Find his gross pay (in $) if he worked 6 holiday hours for a total of 58 hours Monday through Saturday. $ohn Elton, who is classified as direct labor, earns $1,000 per week and is entitled to four weeks of vacation and 10 holidays each year. How much should be accrued for his holiday pay each week? A. $38.46 B. $40.00 C. $41.67 D. $130.00Brad earns $24 per hour. He worked 48 hours last week and will be working 42 hours this week. Under the ESA, how much should he be paid for overtime, assuming NO averaging hours agreement.1. $332. $03. $1444. $132