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Determine the percentage of this monthly gross salary

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Question - Suppose your annual salary is $ 54,378.89. Assume that you get paid once per month.On your paycheck stub, you notice that the amount withheld for FICA Med Tax is$ 65.71, and the amount withheld for FICA SS Tax is $ 280.96.

Required -

a. Determine your monthly gross salary.

b. Determine the percentage of this monthly gross salary that is taken out for theFICA MedTax and also for the FICA SS Tax.

Reference no: EM132529383

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