Problem 5-3A (Algo) The following employees of CIBA Ironworks in Bristol, linois, are paid in different frequencies. Some employees have union dues or gamishments deducted from their pay. Required: Calculate their net pay using the percentage method in Appendix C (or the IRS federal income tax assistant or IRS Publication 15-T). Include llinois income tax of 4.95 percent of taxable pay. No employee has exceeded the maximum FICA limits. You do not need to complete the number of hours. Assume that box 2 is not checked for all employees. (Round your intermediate calculations and final ces answers to 2 decimal places.) Filing Status Dependents Union Dues Garnishment per Period Employee C. Whaley F. Paguaga K Harvey Frequency Weekly Semi mony Monthly Bweekly Pay Net Pay per Period 50 MJO 010 MA2 (417) S-1 (Oher $ 2.80 S S .200 S 120 240 S 75 Boling MJO $2.50 100

Problem 5-3A (Algo) The following employees of CIBA Ironworks in Bristol, linois, are paid in different frequencies. Some employees have union dues or gamishments deducted from their pay. Required: Calculate their net pay using the percentage method in Appendix C (or the IRS federal income tax assistant or IRS Publication 15-T). Include llinois income tax of 4.95 percent of taxable pay. No employee has exceeded the maximum FICA limits. You do not need to complete the number of hours. Assume that box 2 is not checked for all employees. (Round your intermediate calculations and final ces answers to 2 decimal places.) Filing Status Dependents Union Dues Garnishment per Period Employee C. Whaley F. Paguaga K Harvey Frequency Weekly Semi mony Monthly Bweekly Pay Net Pay per Period 50 MJO 010 MA2 (417) S-1 (Oher $ 2.80 S S .200 S 120 240 S 75 Boling MJO $2.50 100

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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