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(Solved): Problem 5-6B (Algo) Country Pet Industries has employees with pay schedules that vary based on Job ...



Problem 5-6B (Algo) Country Pet Industries has employees with pay schedules that vary based on Job classification. Required: Compute each employee's federal income tax llability using the percentage method for manual payroll systems in \( \underline{A} \underline{p} \) pendix C . All Form W-4s were recelved in 2022 . No one checked the box in Step 2, and there was no additlonal Information In Step 4. Note: Round your Intermedlate calculations and final answers to \( \mathbf{2} \) decimal places. Required: Wolfe Industries pays its employees on a semimonthly basis. Using the wage-bracket tables in Appendix C, compute the federal Income tax deductions for the following employees of Wolfe Industries. No Information was Included In Step 4 of any W-4; McCollum checked the box In Step 2c. Assume that no pre-tax deductlons exist for any employee and box 2 is not checked for all other employees. Note: Do not round Intermedlate calculatlons. Round your final answers to the nearest cent. Required: Compute the net pay for Briar Khan and Hollis Hart. Assume that they are pald a \$2,740 salary biweekly, subject to federal Income tax (use the wage-bracket method) In Appendlx C and FICA taxes and have no other deductions from thelr pay. They have a state tax rate of 3 percent. If they choose to participate in the cafeteria plan, the deduction for the pay perlod is \( \$ 100 \); otherwise, there is no deduction for the cafeterla plan. The cafeterla plan qualifies under Section 125. You do not need to complete the number of hours. Additional Information for Briar: Box 2 is not checked, and the dependents are under 17. Note: Round your Intermedlate calculations and final answers to \( \mathbf{2} \) decimal places.



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