Find the net pay for each of the following employees after FICA, Medicare, federal withholding tax, state disability insurance, and other deductions have been taken out. Assume that none has earned over $130,000 so far this year. Assume a FICA rate of 6.2% Medicare rate of 1.45% and a state disability insurance rate of 1%. Use the percentage method of withholding.10. Carla Lorenz: $1468.25 weekly earnings, 4 withholding allowances, married, credit union savings of $18, charitable contributions of $10. Complete the following payroll ledger. Find the total gross earnings for each employee.
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