Joshua Vermier of Sacramento, California, received a ralse after his first year on the job to $44,200 from his initial salary of $40.000. what was Joshua's ralse stated as a percentage? Inflation averaged 2.4 percant for the year. Round your answer to one dedmal place. What was his real income after the ralse? Round your answer to nearest cent. What was his real raise stated as a percentage? Round your anser to one decimal place.
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- Mary Gonzalez had total cumulative gross earnings of $5,800 as of 1/31/20X1. Her gross earnings for the pay period ending 2/15/20X1 were $3,000. If federal unemployment taxes are 0.6% on a maximum earnings of $7,000 per year, how much federal unemployment tax will be paid by Mary and how much will be paid by her employer for her earnings of 2/15/20X1? Multiple Choice Mary will pay $0 and her employer will pay $10.80. Mary will pay $0 and her employer will pay $7.20. Mary will pay $7.20 and her employer will also pay $7.20. Mary will pay $0 and her employer will pay $0.Dave Brown's cumulative earnings are $127,200 , and his gross pay for the week is $5,300 . If the FICA rates are: Social Security 6.2% and Medicare is 1.45% , what are his FICA-OASDI and FICA-Medicare taxes for the week? Assume the Social Security threshhold is $128,400. it is multilple choices question. the choices are: A)$74.40;$17.40 B)$0;$76.85 C)74.40;76.85 D)$328.60;76.85An employee has year-to- date earnings of $41,050. The employee's gross pay for the next pay period is $4,561. Assuming a FICA--OASDI rate of 6.2% and FICA-Medicare rate of 1.45%, how much FICA tax will be withheld from the employee's pay? Round to the nearest whole dollar
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- Sky Company employed Tom Mills in Year 1. Tom earned $5,300 per month and worked the entire year. Assume the Social Security tax rate is 6 percent for the first $110,000 of earnings, and the Medicare tax rate is 1.5 percent. Tom's federal income tax withholding amount is $940 per month. Use 5.4 percent for the state unemployment tax rate and 0.6 percent for the federal unemployment tax rate on the first $7,000 of earnings per employee. b. Assume that instead of $5,300 per month Tom earned $9,700 per month. Answer the following questions. What is Tom's net pay per month? What amount does Tom pay monthly in FICA payroll taxes? What is the total payroll tax expense for Sky Company for January Year 1? February Year 1? March Year 1? December Year 1?Sky Company employed Tom Mills in Year 1. Tom earned $5,800 per month and worked the entire year. Assume the Social Security tax rate is 6 percent for the first $130,000 of earnings, and the Medicare tax rate is 1.5 percent. Tom's federal income tax withholding amount is $920 per month. Use 5.4 percent for the state unemployment tax rate and 0.6 percent for the federal unemployment tax rate on the first $7,000 of earnings per employee. Required a. Answer the following questions: 1. What is Tom's net pay per month? 2. What amount does Tom pay monthly in FICA taxes? 3. What is the total payroll tax expense for Sky Company for January, Year 1? February, Year 1? March, Year 1? December, Year 1? b. Assume that instead of $5,800 per month Tom earned $11,300 per month. Based on this new level of income Tom's new federal income tax withholding is $2,200. Answer the following questions. 1. What is Tom's net pay per month? 2. What amount does Tom pay monthly in FICA payroll taxes? 3. What is the…Baker Green's weekly gross earnings for the week ending December 7 were $1,800, and her federal income tax withholding was $216. Prior to this week Green had earned $98,000 for the year. Assuming the social security rate is 6.0% and Medicare is 1.5%, what is Green's net pay? Round your answer to the nearest whole dollar.$___________