ok i have a question its a case study from my class i think i know how to do it but i wanna make sure by asking what you guys think before i go and turn in my assignment
Economics - Financial Markets
Stacey Warren - Expert brainly.com
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Welcome Care, a senior citizen day care center, pays the major portion of its employees' medical insurance—$150 of the $204 monthly premium for an individual employee. If an employee wishes coverage for a spouse or family, the employee must pay $126 or $212 per month respectively to cover herself or himself and the additional person(s). The center hires three new employees. Calculate their semimonthly take- home pay using the percentage method tables. The company pays time and a half for overtime hours in excess of 40 hours in a given week. Medical insurance premiums can be paid with pretax dollars. Withholding taxes, Social Security, and Medicare deductions are calculated on the lower adjusted gross salary. 1. An activities director is hired at an annual salary of $ 32,000. He is single with two dependent children (three withholding allowances) and wants family medical insurance coverage. Find his total deductions and his net income.
Wow, what class are you taking to get something like this. It is more accounting and benefits than anything else, but certainly not economics. Have fun with it. wmw