Multiple Choice
Solve the problem. Use a FICA rate of 6.2%, a Medicare rate of 1.45%, and an SDI rate of 1%. Assume the person's
earnings will not exceed $31,800 for the year. Round to the nearest cent if needed.
-Beth Conners worked 43.2 hours last week at Creative Kitchens. She is paid $6.58 per hour, plus time-and-a-half for overtime. Find her Social Security tax and Medicare tax for the week.
A) $26.43, $6.18
B) $18.28, $4.27
C) $17.62, $4.12
D) $16.32, $3.82
Correct Answer:
Verified
Correct Answer:
Verified
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