1Seaside Hotels employs 64 workers with a gross weekly payro
1-Seaside Hotels employs 64 workers with a gross weekly payroll of $41,536.00. Fringe benefits are $36.33 per employee for dental insurance and $8.86 per employee for discount club memberships. What percent of payroll is the total cost of fringe benefits? (Round your answer to the nearest tenth of a percent)
2-As a sales person for Fresh Flowers, Carlos is paid an incremental commission based on the table below. If he sells $12,900.00, what is his total gross pay? Level Sales Volume Commission Rate 1 1–5,700 4.5% 2 5,701–9,900 5.1% 3 Over 9,901 5.8%
Question 3 Cazz receives a semimonthly paycheck from a jazz club of $4,500.00. He is married and is entitled to 1 withholding allowance. Using the percentage method, calculate the amount of income tax that should be withheld from his paycheck each pay period. Use tables in Exhibit 9-1 and Exhibit 9-2 from your text.
Q-4 What will be the total deduction for social security and Medicare taxes on Rony\'s next semimonthly paycheck of $3,960.00, if she has already earned $42,560.00 this year? (Social security tax is 6.2% of gross wages up to $106,800. Medicare tax is 1.45% of all gross wages.)
Solution
note : only one question allowed per submission
gross payroll per employee : 41536/64 = 649
fringe benefits : 36.33 (dental )+8.86 = 45.19
total percentage = (45.19 / 649) *100 = 6.963 %
rounding to nearest 10th = approx 10 percent
