River Signorini works for New & Old Apparel, which pays employees on a semimonthly basis. River's annual salary is $170,500. Required: Calculate the following: Note: Round your final answers to 2 decimal places. Pay Date October 15 December 31 Prior YTD Earnings $ 0.00 $ Social Security Taxable Wages Medicare Taxable Wages 6,675.00 $ 7,104.16 Employer Share Social Security Tax $ 417.35 Employer Share Medicare Tax S $ 103 53 207.06

River Signorini works for New & Old Apparel, which pays employees on a semimonthly basis. River's annual salary is $170,500. Required: Calculate the following: Note: Round your final answers to 2 decimal places. Pay Date October 15 December 31 Prior YTD Earnings $ 0.00 $ Social Security Taxable Wages Medicare Taxable Wages 6,675.00 $ 7,104.16 Employer Share Social Security Tax $ 417.35 Employer Share Medicare Tax S $ 103 53 207.06

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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