Answer the question below Which statement below accurately describes Hope's gross wages?COMPANY NAMESome Corporation 123 Somewhere Drive, Durham, NC 12345EMPLOYEE NAMEEMPLOYEE ID98856Hope Marie KingsleyCURRENT TOTALINCOMEGROSS WAGESYTD GROSS5,400.00RATE15.00YTDDEDUCTIONS2,836.89SSNXXX-XX-6789HOURS40600.00YTD NET PAY2,563.11CHECK NO.98765DEDUCTIONSFICA MED TAXFICA SS TAXFED TAXNC ST TAXHEALTHDENTALRETIREMENTCURRENT TOTAL600.00EARNINGS STATEMENTPAY PERIOD5/1/2020-5/15/2020CURRENTDEDUCTIONS315.21CURRENT TOTAL8.7037.2090.0034.50$76.58$8.23$60.00PAY DATE5/21/2020YEAR-TO-DATEO Gross wages are calculated by subtracting all of Hope's deductions from her gross incomeO Gross wages are calculated by multiplying Hope hourly rate by the number of hours she workedO Gross wages are how much Hope has earned over the course of the entire yearO Gross wages are Hope's fixed salary, which she receives for every for every pay period78.30334.80810.00310.50$689.22$74.07$540.00NET PAY284.79"Excluded from federal taxable wage

Which statement below accurately describes Hope's gross wages? COMPANY NAME Some Corporation 123 Somewhere Drive, Durham, NC 12345 EMPLOYEE ID 98856 CURRENT TOTAL 600.00 EMPLOYEE NAME Hope Marie Kingsley INCOME GROSS WAGES YTD GROSS 5,400.00 RATE 15.00 YTD DEDUCTIONS 2,836.89 SSN XXXXX-XX-6789 HOURS 40 YTD NET PAY 2,563.11 CHECK NO. 98765 DEDUCTIONS FICA MED TAX FICA SS TAX FED TAX NC ST TAX HEALTH DENTAL RETIREMENT CURRENT TOTAL 600.00 EARNINGS STATEMENT PAY PERIOD 5/1/2020-5/15/2020 CURR DEDUCTIONS 315.21 CURRENT TOTAL 8.70 37.20 90.00 34.50 $76.58 $8.23 $60.00 PAY DATE 5/21/2020 YEAR-TO-DATE O Gross wages are calculated by subtracting all of Hope's deductions from her gross income Gross wages are calculated by multiplying Hope hourly rate by the number of hours she worked O Gross wages are how much Hope has earned over the course of the entire year O Gross wages are Hope's fixed salary, which she receives for every for every pay period 78.30 334.80 810.00 310.50 $689.22 $74.07 $540.00 NET PAY 284.79 "Excluded from federal taxable wage

Which statement below accurately describes Hope's gross wages? COMPANY NAME Some Corporation 123 Somewhere Drive, Durham, NC 12345 EMPLOYEE ID 98856 CURRENT TOTAL 600.00 EMPLOYEE NAME Hope Marie Kingsley INCOME GROSS WAGES YTD GROSS 5,400.00 RATE 15.00 YTD DEDUCTIONS 2,836.89 SSN XXXXX-XX-6789 HOURS 40 YTD NET PAY 2,563.11 CHECK NO. 98765 DEDUCTIONS FICA MED TAX FICA SS TAX FED TAX NC ST TAX HEALTH DENTAL RETIREMENT CURRENT TOTAL 600.00 EARNINGS STATEMENT PAY PERIOD 5/1/2020-5/15/2020 CURR DEDUCTIONS 315.21 CURRENT TOTAL 8.70 37.20 90.00 34.50 $76.58 $8.23 $60.00 PAY DATE 5/21/2020 YEAR-TO-DATE O Gross wages are calculated by subtracting all of Hope's deductions from her gross income Gross wages are calculated by multiplying Hope hourly rate by the number of hours she worked O Gross wages are how much Hope has earned over the course of the entire year O Gross wages are Hope's fixed salary, which she receives for every for every pay period 78.30 334.80 810.00 310.50 $689.22 $74.07 $540.00 NET PAY 284.79 "Excluded from federal taxable wage

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter3: Taxes On The Financial Statements

Section: Chapter Questions

Problem 3BD

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Hello, can you help me with this question? Amount to BeWithheld Employee FilingStatus No. of WithholdingAllowances Gross Wageor Salary PercentageMethod Wage-BracketMethod Lennon, A. MFJ N/A $675 weekly $fill in the blank 1 $fill in the blank 2 Starr, P. MFJ N/A 1,929 weekly fill in the blank 3 fill in the blank 4 McNeil, S. S N/A 1,775 biweekly fill in the blank 5 fill in the blank 6 Harrison, W. HH N/A 2,580 semimonthly fill in the blank 7 fill in the blank 8 Smythe, M. HH N/A 5,380 monthly fill in the blank 9 fill in the blank 10
arch Blue Hardware payroll for November 2020 is summarized below. Factory Sales Payroll F Administrative R Total (a) ACC341-2022-Ho...xlsx % Wages Due T G $121,100 35,100 $195,600 39,400 ^ :Q+ O H 6 Y H FICA $121,100 At this point in the year, some employees have already received wages in excess of those to which payroll taxes apply. Assume that the state unemployment tax is 2.5%. The FICA rate is 7.65% on an employee's wages to $128,400 and 1.45% in excess of $128,400. Of the $195,600 wages subject to FICA tax, $19,700 of the sales wages is in excess of $128,400. Federal unemployment tax rate is 0.8% after credits. Income tax withheld amounts to $15,400 for factory, $6,600 for sales, and $5,500 for administrative. 1 35,100 39,400 $195,600 . music 2.jpeg & 7 K Amount Subject to Payroll Taxes Unemployment Tax J 8 Federal BN M $39,800 O 3,600 $43,400 State K Pa O W ( 9 $39,800 $43,400 3,600 F11 ) O L 2 888 F12 P Home ? End + Insert } Rain off and on ] Delete Backspac
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Filé Edit Förmat View Help COMPA RATIO AVERAGE SALARY OF EMPLOYEES/MIDPOINT OF RANGE Given: Pay grade 1 Midpoint range" $2,175 per month Salary of Employees in Pay Grade E1- $2,306 E2- $2,066 E3- $2,523 E4- $2,414 what is the average salary of employees? What is the compa-ratio?