Bobby Darling is the only employee of Atlantic Records, Inc. During the first we
ID: 2477626 • Letter: B
Question
Bobby Darling is the only employee of Atlantic Records, Inc. During the first week of January, Darling earned $2,800.00 and had federal and state income tax withholdings of $140.00 and $52.50, respectively. FICA taxes are 7.65 % on earnings up to $117,000. State and federal unemployment taxes for the period are $175.00 and $28.00, respectively.
19.
value:
2.00 points
Required information
What would be the amount of Darling’s payroll check for the first week of January?
$2,585.80
$2,393.30
$2,800.00
$2,190.30
[The following information applies to the questions displayed below.]Bobby Darling is the only employee of Atlantic Records, Inc. During the first week of January, Darling earned $2,800.00 and had federal and state income tax withholdings of $140.00 and $52.50, respectively. FICA taxes are 7.65 % on earnings up to $117,000. State and federal unemployment taxes for the period are $175.00 and $28.00, respectively.
Explanation / Answer
DESCRIPTION AMOUNT $ GROSS EARNNING 2800 LESS- FEDRAL INCOME TAX WITHHOLDING (140) LESS- STATE INCOME TAX WITHHOLDING (52.5) LESS- FICA ($2800 * 7.65%) (214.2) PAY ROLL CHECK FOR JANUARY $2393.30