Determine his weekly net earnings


Problem

John Doe is married and claims 3 withholding allowances. He collects overtime pay when he works over 40 hours a week. If his gross pay is $1,306.88, determine his weekly net earnings. Use the following deductions: FWT (Percentage Method), FICA 6.2%, Medicare 1.45%, SDI 1%, Health Insurance ($80/week), Union Dues ($4.50/week), and Trust Fund ($95/week).

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Determine his weekly net earnings
Reference No:- TGS03358657

Expected delivery within 24 Hours