An Employee Has Gross Earnings of $1,000 with Withholdings of 6.2

question 115

Multiple Choice

An employee has gross earnings of $1,000 with withholdings of 6.2% FICA-OASDI,1.45% FICA-Medicare,$50 for federal income tax and $10 for state income tax.How much is the net pay?

• A)$900.00
• B)$781.15
• C)$863.50
• D)$791.15

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Definitions:

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