Question

Start period 02 | 01 | 2019 End period 02 | 15 | 2019 Gross Pay $1,837.00 Earnings Taxes Deductions $1,837.00 Federal (8.24%) = $151.37 FICA Medicare (1.45%) = $26.64 FICA Social Security (6.20%) = $113.89 State - OK (3.86%) = $70.91 Total = $362.81 Net Pay Calculate Net Pay Enter your gross pay, taxes, and deductions below. Press calculate when you're ready. Gross Pay 1837 Tax 362.81 Deductions what is the deduction

Answer 1

Net Pay is equal to $1,474.19.

Step-by-step explanation:

Net is Gross Pay minus taxes deductions. Therefore, Net Pay can be calculated as follows:

Particulars ($) ($)

Gross Pay 1,837.00

Taxes Deductions

Federal (8.24% of Gross Pay) (151.37)

FICA Medicare (1.45% of Gross Pay) (26.64)

FICA Social Security (6.20% of Gross Pay) (113.89)

State - OK (3.86% of Gross Pay) (70.91)

Total (362.81)

Net Pay 1,474.19

Therefore, Net Pay is equal to $1,474.19.