At your job you make $10.75 an hour, you worked for 78 hours the last biweekly pay period. You pay 13% in Federal Income taxes and 3% in State Income taxes. You also have a total of $85.75 in other deductions taken out of your gross pay.
a. What is your gross pay for the pay period?
b. What is your total state and federal tax in dollars?
c. What is your net take home pay?
d. Explain your reasoning for solving the problem the way you did.
PLEASE HELP ME ANSWER A-D I NEED HELP

Respuesta :

Answer:

a- $ 838.50

b-$134.16

c- $618.59

d- see below

Explanation:

a- $10.75 X 78 hours = $v838.5

b- $ 838.5 X 16% = $ 134.16

c - $ 838.5 - federal and state income tax $ 134.16 - other ded $ 85.75 = 618.59

Answer:

a) $838.5

b) $134.16

c) $618.59

Explanation:

a) gross pay is before taxes

78 × 10.75

= 838.5

b) taxes: (13 + 3 = 16%)

16% of 838.5

16/100 × 838.5

= $134.16

c) net is after all deductions

838.5 - 134.16 - 85.75

= 618.59