The totals from the first payroll of the year are shown below.
Total Earnings: 46,195.10
FIT TAX : $6,515.00
Union Dues: 500.00
Question 1.1. What is the FICA-OASDI for the ER amount based on this total earnings figure? (Points : 3)
$2,864.10
$669.83
$3,533.92
$856.83
Question 2.2. What is the FICA - HI amount based on the total earnings above? (Points : 3)
$2,864.10
$669.83
$3,533.92
$856.83
Question 3.3. If state taxes are .78% what would be the state tax due? (Points : 3)
$360.32
$369.56
$323.37
$346.46
Question 4.4. What would be the net pay? (Points : 3)
$35,285.85
$39,680.10
$39,180.10
$42,300.85
Question 5.5. What would be the total FICA amount for the ER and EE? (Points : 3)
$2,864.10
$5,728.10
$7,067.86
3,533.93