Homework SourseThe following employees of CIBA Ironworks in Bristol Illinoi
The following employees of CIBA Ironworks in Bristol, Illinois, are paid in different frequencies. Some employees have union dues or garnishments deducted from their pay. Calculate their net pay. (Use the wage-bracket tables in Appendix C when applicable, otherwise the percentage method should be used.) No employee has exceeded the maximum FICA limits. The state tax rate for Illinois is 3.75%. (Round your intermediate calculations and final answers to 2 decimal places.
Employee Frequency Martial Status Pay Union Dues Garnishment Pay Period NetPay
C. Whaley Weekly M,2 $850 $0 $50
F. Paguaga Semi- Montly m,6 $2,800 $120 $0
K. Harvey Monthly S,3 $8,000 $240 $75
L. Bolling Bi-Weekly M,0 $2,500 $0 $100
Solution
ANSWER:
| 3.75% | 6.20% | 1.45% | ||||||||
| Employee | Frequency | Marital Status | Gross Pay | Federal Income Tax | State Income Tax | Social Security | Medicare | Union Dues | Garnishment | Net Pay |
| Whaley | Weekly | M,2 | $850.00 | $63.00 | $31.88 | $52.70 | $12.33 | $0.00 | $50.00 | $640.10 |
| Paguaga | Semi-monthly | M,6 | $2,800.00 | $179.00 | $105.00 | $173.60 | $40.60 | $120.00 | $0.00 | $2,181.80 |
| Harvey | Monthly | S,3 | $8,000.00 | $1,351.53 | $300.00 | $496.00 | $116.00 | $240.00 | $75.00 | $5,421.47 |
| Bolling | Bi-weekly | M,0 | $2,500.00 | $291.00 | $93.75 | $155.00 | $36.25 | $0.00 | $100.00 | $1,824.00 |
