How much is the net pay

Assignment Help Accounting Basics
Reference no: EM133071336

Question - An employee has gross earnings of $1,800 with withholdings of 6.2% FICA-OASDI, 1.45% FICA-Medicare, $50 for federal income tax and $30 for state income tax. How much is the net pay?

Reference no: EM133071336

Questions Cloud

Risk management plan for fitness and wellness organization : Develop a risk management plan for a fitness and wellness Organization. What steps will you take to provide a safe environment for you and your co-workers?
Estimated intrinsic value using the constant state ddm : A stock has a fairly stable dividend. It just paid a dividend of $0.66 and it has a stable dividend growth rate of 3.6% per year. If an investor's required retu
What do you expect the dividend to be at the end : What do you expect the dividend to be at the end of year 9? State your answer as a dollar amount with two decimal places.
Contract to purchase goods from a manufacturer : A New Zealand company has signed a contract to purchase goods from a manufacturer in Spain for €3,000,000. The purchase was made in June
How much is the net pay : An employee has gross earnings of $1,800 with withholdings of 6.2% FICA-OASDI, 1.45% FICA-Medicare, How much is the net pay
Project management integration framework : Project documentation, scheduling, and planning are vital to the success of any project, but monitoring and controlling determine how the plan is executed.
What will your monthly payments be : You want to buy a $21,000 car. The company is offering an amortized loan with a 5.5% annual rate for 6 years. What will your monthly payments be
Prepare a cost reconciliation between the costs : Prepare a cost reconciliation between the costs determined in (3) above and the cost of beginning inventory and costs added during the period
Haier internationalization strategy : What is Haier's internationalization strategy? Is it likely that Haier's success and management practices can be applied outside of China? Why or why not?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine what is the contribution margin ratio

Determine What is the contribution Margin ratio? Fred manufactures lamp shade the selling price of which is $80 per unit. The variable cost of the product

  Prepare a single-step income statement

Interest expense, $20,000; rent revenue, $95,000; net sales, $4,200,000; and selling expenses, $400,000. Prepare a single-step income statement

  During the year total liabilities increased 93350 and

at the beginning of the year goren company had total assets of 877200 and total liabilities of 547600. treat each item

  Compute the labor rate and efficiency variances

Given - Direct materials: 7 microns per toy at $0.31 per micron. Direct labor: 1.5 hours per toy at $7.50 per hour. Compute labor rate and efficiency variances

  Prepare an income statement

Prepare an income statement, a statement of retained earnings and a balance sheet for this subsidiary in stickles

  In step 1 net income before taxes was computed by multi

in step 1 net income before taxes was computed by multi plyingnet income of 33000000 by 100 and then dividing by 66000.

  What the depreciation expense

MNO will adopt this practice. On the consolidated statement of financial position at December 31, 2021, what the depreciation expense

  Describe in detail the budgets that you work with

Budgets are the driving force behind all organizations. Whether a manufacturing organization, or a service organization such as a medical or public accounting.

  Determine the variable cost per haircut

a) Determine the variable cost per haircut and the total monthly fixes costs b) Compute the break even point in units and dollars

  Prepare the journal entry to record pension expense

the amortization of prior service cost was $121,300. Prepare the journal entry to record pension expense and the employer's contribution to pension plan in 2017

  How much would production and contribution margin increase

If DF sells three Masoline for each Aldernite, how much would production and contribution margin increase if the molding department could buy 9,000 more pounds.

  Compare the direct and indirect costs with example

In order to complete this assignment, refer to the scenario from Assignment 1, as well as to the scenarios and readings from previous weeks.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd