The Payroll Records of a Company Provided the Following Data

question 71

Essay

The payroll records of a company provided the following data for the current weekly pay period ended March 12. $$\begin{array} { | l | r | r | r | r | r | r | } \hline \text { Employees } & \begin{array} { r } \text { Earnings } \\\text { to End of } \\\text { Previous } \\\text { Week }\end{array} & \begin{array} { r } \text { Gross } \\\text { Pay }\end{array} & \begin{array} { r } \text { Federal } \\\text { Income } \\\text { Taxes }\end{array} & \begin{array} { r } \text { Medical } \\\text { Insurance } \\\text { Deduction }\end{array} & \begin{array} { r } \text { Union } \\\text { Dues }\end{array} & \begin{array} { r } \text { United } \\\text { Way }\end{array} \\\hline \text { D. Hui } & \$ 5,800 & \$ 800 & \$ 120 & \$ 35 & \$ 10 & \$ 10 \\\hline \text { B. Kim } & 6850 & 1,100 & 180 & 35 & 10 & 15 \\\hline \text { C. Sly } & 12,900 & 1,440 & 404 & 35 & 10 & 40 \\\hline\end{array}$$ Assume that the Social Security portion of the FICA taxes is 6.2% on the first $117,000 and the Medicare portion is 1.45% of all wages paid to each employee for this pay period. The federal and state unemployment tax rates are 0.8% and 5.4%, respectively, on the first $7,000 paid to each employee. Calculate the net pay for each employee.

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Definitions:

Trust

A firm belief in the reliability, integrity, or ability of someone or something, fundamental for building relationships and ensuring cooperative behavior.

Autonomy

The right or condition of self-governance, or making one's own decisions without interference from others.

Choices

The act of making a decision or selection among different options or possibilities in various contexts.

Hypothetical Imperative

A command of reason that applies conditionally, suggesting an action to achieve a specific end, as opposed to a categorical imperative which is unconditional.