The Following Data Applies to the July 15 Payroll for the Woodard

question 66

Short Answer

The following data applies to the July 15 payroll for the Woodard Research Firm (overtime is paid at 1 1/2) Assume:
FICA-OASDI is 6.2% based on a limit of $128,400.
FICA-Medicare is 1.45%.
FUTA is .8% based on a limit of $7,000.
SUTA is 5.6% based on a limit of $7,000.
State income tax is 2.8%.
-Compute the net pay for the employees' paychecks.

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Definitions:

Absolute Threshold

The minimum intensity of a stimulus that one can detect half the time.

Psychological Dimension

An aspect of an individual's mental or emotional state that influences their behavior and perception of the world.

Specialized Brain Cells

Neurons or glial cells in the brain that have specific functions, such as sensory processing, signal transmission, or support of neural activity.

Figure And Ground

A principle in visual perception where the figure is the object of focus and the ground is the background against which it stands.