User Account

All Pages

What is berkley net pay

Assignment Help Accounting Basics
Reference no: EM132088109

Question - Berkley's gross pay for the month is $7,400. His deduction for federal income tax is based on a rate of 18%. He has no voluntary deductions. His yearly pay is under the limit for OASDI. What is Berkley's net pay? (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%. Do not round any intermediate calculations, and round your final answer to the nearest dollar.)

Reference no: EM132088109

Questions Cloud

Evaluation framework why must strategist avoid tunnel vision : Although historical experience can provide relevant evaluation framework why must strategist avoid tunnel vision?
Students of color of having minority faculty members : What are the benefits of white students and students of color of having minority faculty members?
Calculate polly income from her business : Polly is a cash basis taxpayer with the following transactions during the year: Calculate Polly's income from her business for this calendar year
Classical conditioning theory : In marketing, Classical Conditioning is a form of associative learning where your mind is intentionally trained to associate different behaviors
What is berkley net pay : Berkley's gross pay for the month is $7,400. His deduction for federal income tax is based on a rate of 18%. What is Berkley's net pay
Summarize the relationship between influence and power : Summarize the relationship between influence and power. Determine how relationships between leaders and staff affect influence and power.
What is her average tax rate on the income : Stephanie has taxable income of $48,200 and a tax liability of $7,913. What is her average tax rate on the $48,200 of income
What are the potential effect on white students : What are the potential effect on white students and on students of color of a severe underrepresentation of blacks, latinos,
Creating personal development plan for next 2 years : Creating Personal Development Plan for next 2 years? Divide into time-frames of short-Medium-Long Term ActionPlan.

Reviews

Write a Review

Accounting Basics Questions & Answers

  If maintenance hours in october are expected to be 3550

x company uses the high-low method to predict maintenance costs each month with maintenance hours as the activity

  How much does coffeeshop owe creditors

Use these data to write CoffeeShop Doughnuts' accounting equation. How much does CoffeeShop owe creditors

  Jane selects certain checks made out only with the initials

micro chip corporation mcc has a special po box for customer payment. jane is responsible for going to the post office

  Difference between a single-step and multiple-step income

A new corporation issuing a common, no-par value stock for cash would include a journal entry a debit to _____.

  Business strategies for ecommerce

Many real estate agents today have Web sites that list the properties they have for sale. These agents also advertise the properties on the web sites Realtor.com (Realtor.com, 2012) and ?sometimes in television ads.

  How should the lease transaction for hester company

Which of the leases are operating leases and which are capital leases? Explain. How should the lease transaction for Hester Co. be recorded in 2014?

  What reactions did the methods and movement

What reactions did the methods and movement as a whole evoke within the different sections of the nation?

  What additional disclosures should be made

What cost flow assumption may be used under the lower-of-cost-or-market basis of accounting for inventories?

  Contribution margin per machine hour for coffee makers

What is the contribution margin per machine hour for coffee makers

  What are the three types of unemployment

What are the three types of unemployment? Which type of unemployment do you consider most likely to result in hardship for the people who are unemployed? Briefly explain.

  Prepare an inventory purchase budget

Executive officers of Shavez Company are wrestling with their budget for next year. Prepare an inventory purchase budget using the sales manager's estimate

  Computer parts inc a manufacturer of computer chips employs

computer parts inc. a manufacturer of computer chips employs activity-based costing. the following budgeted data for

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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