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(Solved): Enlightened Eats in Anchorage, Alaska, has six employees who are paid semimonthly. Calculate the net ...



Enlightened Eats in Anchorage, Alaska, has six employees who are paid semimonthly. Calculate the net pay from the information provided below for the November 15 pay date. Assume that all wages are subject to Social Security and Medicare taxes. All 401(k) and Section 125 amounts are pre-tax deductions. Use the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C to compute federal income taxes. You do not need to complete the number of hours. Note: Round your intermediate calculations and final answers to 2 decimal places. Required: W. Packer Married or Joint, two dependents <17, Box 2 checked Annual pay: $37,300 401(k) deduction: $125 per pay period K. Ela Married or Separate, two dependents <17, Box 2 checked Annual pay: $52,560 401(k) deduction: $250 per pay period G. Laureano Single, no dependents, Box 2 not checked Annual pay: $49,560 Section 125 deduction: $75 per pay period 401(k) deduction: $50 per pay period T. Spraggins Married or Joint, one dependent <17, Box 2 not checked Annual pay: $44,640 United Way deduction: $50 per pay period Garnishment: $50 per pay period M. Christman Single, two dependents <17, one other dependent, Box 2 checked Annual pay: $60,600 Section 125 deduction: $50 per pay period 401(k) deduction: 8 percent of gross pay per pay period J. Cherry Married or Joint, one other dependent, Box 2 checked Annual pay: $48,580 401(k) deduction: $75 per pay period



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