Required: Calculate their net pay using the percentage method in Apnendix C (or the IRS federal income tax assistant or IRS Publication 15-T). No employee has exceeded the maximum FICA limits. You do not need to complete the number of hours. There is no information for Step 4 and all W-4s were received in 2020. No box was checked in Step 2. (Round your intermediate colculations and final answers to 2 decimal pleces.) Union Dues per Period 116 Marital StatusI Withholdings Garnishment Employee Pay per Period Net Pay N Lawrence D. Galtan N. Ruggleri P Oceguera Frequency Bhweekly Weekly Semimonthly Monthly MJ. One dependent <17 1,540 $ 1.440 84 M. 2 2.380 $ 96 S 55 HH, One dependent 17 7.300 115

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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The following employees of Memory Bytes of Titusville, Washington, are paid in different frequencies. Some employees have union
dues or garmishments deducted from their pay.
Required:
Calculate their net pay using the percentage method in ARpendix C (or the IRS federal income tax assistant or IRS Publication 15-T). No
employee has exceeded the maximum FICA limits. You do not need to complete the number of hours. There is no information for Step
4 and all W-4s were received in 2020. No box was checked in Step 2. (Round your intermediate calculations and final answers to 2
decimal places.)
Marital Status/
Withholdings
Union
Dues
per Period
Garnishment
Employee
Frequency
Pay
per Period
Net Pay
N. Lawrence
D. Galtan
N. Ruggleri
P Oceguera
Blweekly
Weekly
Semimonthly
Monthly
MJ. One dependent <17
S.O
1,540 $
1.440
116
84
M. 2
HH, One dependent 17
2.380 S
7.300
in
965
55
115
Transcribed Image Text:The following employees of Memory Bytes of Titusville, Washington, are paid in different frequencies. Some employees have union dues or garmishments deducted from their pay. Required: Calculate their net pay using the percentage method in ARpendix C (or the IRS federal income tax assistant or IRS Publication 15-T). No employee has exceeded the maximum FICA limits. You do not need to complete the number of hours. There is no information for Step 4 and all W-4s were received in 2020. No box was checked in Step 2. (Round your intermediate calculations and final answers to 2 decimal places.) Marital Status/ Withholdings Union Dues per Period Garnishment Employee Frequency Pay per Period Net Pay N. Lawrence D. Galtan N. Ruggleri P Oceguera Blweekly Weekly Semimonthly Monthly MJ. One dependent <17 S.O 1,540 $ 1.440 116 84 M. 2 HH, One dependent 17 2.380 S 7.300 in 965 55 115
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