Social Security and Medicare Taxes
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
Social Security and Medicare Taxes
Calculate the net price factor (as a %) and net price (in $) by using the complement method. Round your answer to the nearest cent.
List Price Trade Discount Rate Net Price Factor Net Price $3,499.00 35% % $ Hard Blues Music buys CDs with a list price of $39,000. If the wholesaler offers trade discounts of 4/3/2, find the net price factor.
0.087420.45629 0.749980.91258
Kiddie Kites buys Japanese kite kits with a list price of $7,500. If the supplier offers trade discounts of 30/15/15, find the trade discount amount to the nearest cent.
$2,531.25$3,706.88 $3,793.13$4,968.75
Hyabuza Japanese Restaurant received an invoice, dated February 20, 2011, for supplies they ordered that had a list price of $2,900 from a supplier that offered a series discount of 15/8/4 and carried terms of 3/10, 1/15, n/30. How much should the restaurant remit if the bill is to be paid in full on March 1, 2011?
$2,111.78$2,177.09 $2,813.00$2,900.00
Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent.
Item Cost Amount of Markup Selling price Percent Markup Based on Cost Bookcase $42.40 $24.50 Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent.
Item Cost Amount of Markup Selling price Percent Markup Based on Cost Dress $95.00 $ $ 60% Calculate the missing information. Round dollars to the nearest cent and percents to the nearest tenth of a percent.
Item Cost Amount of Markup Selling price Percent Markup Based on Cost Treadmill $ $980.00 $2,335.00 % Find the cost of a radio that sells for $278.45 and has a markup of $33.95.
$244.50$261.45 $295.45$312.40
It costs $5,400 to manufacture a Jet Ski. If the desired percent markup based on cost is 44%, how much should each Jet Ski sell for?
$2,376$7,776 $12,273$13,176
The selling price for a fax machine is $343.67. What percent of the sale price is the markup, if the cost of the fax machine was $215? (Round to the nearest whole percent.)
37%40% 60%63%
A customer just paid $35,490 for a delivery van. If the percent markup based on cost is 30%, what was the cost?
$20,876.47$21,294.00 $24,843.00$27,300.00
The markup on a desk should be 33% based on selling price. If the seller paid $260 for one, then how much should it sell for to achieve the desired markup?
$345.80$388.06 $434.20$787.88
.
The wholesale cost of a Digital Sound system is $1,650. The original markup was 63% based on selling price. Find the final sale price after the following series of price changes: a markup of 12%, a markup of 45%, and a markdown of 30%. (Round each intermediate selling price to the nearest cent.)
$3,057.43$3,571.14 $4,994.60$5,069.52
Brianna’s semimonthly salary is $3,475. What would be her equivalent biweekly salary (in $)? (Round your answers to two decimal places.)
$
As a sales person for Fresh Flowers, Carlos is paid an incremental commission based on the table below. If he sells $14,900.00, what is his total gross pay?
Level Sales Volume Commission Rate 1 1–5,700 6.5% 2 5,701–9,900 7.1% 3 Over 9,901 7.8% $1,058.70$1,067.80 $1,463.40$1,472.50
Carolyne is paid $4,000.00 biweekly. This year, to date, she has earned $21,300.00. What will be the total deduction for Social Security and Medicare taxes on her next paycheck? (Social Security tax is 6.2% of gross wages up to $128,400. Medicare tax is 1.45% of all gross wages.)
$306.00$321.30 $336.60$344.25
Naomi received weekly wages of $1,385.58. She is married and is entitled to 7 withholding allowances. How much income tax will be withheld, based on the percentage method tables in Exhibit 9-1 and Exhibit 9-2 from your text?
$0.00$32.64 $65.28$130.56
Penny is paid a gross wage of $2,926 on a monthly basis. She is single and is entitled to 2 withholding allowances. How much income tax, Social Security, and Medicare will be withheld based on the combined wage bracket tables in Exhibit 9-3 and Exhibit 9-4 from your text?
$443.29$453.29 $463.29$473.29
Family Flowers employs 17 people, of whom 14 earn gross pay of $620.00 each and 3 earn gross pay of $740.00 each on a weekly basis. What is the employer’s share of total Social Security and Medicare taxes for the first quarter of the year? (Social security tax is 6.2% of wages up to $128,400. Medicare tax is 1.45% of all wages.)
$620.00$740.00 $890.68$10,840.05
Compute Darryl’s total Social Security and Medicare taxes for the third quarter, if she is self-employed and earns $1,420.00 on a weekly basis.
$217.26$1,412.19 $1,522.95$2,824.38
Juanita is the self-employed owner of Juanita’s Linens. Her estimated annual earnings are $71,040.00 and she expects to pay 28% of this amount in income tax. What will be her quarterly estimated tax payment for the third quarter? (For self-employed persons, Social Security tax is 12.4% of wages up to $128,400, and Medicare tax is 2.9% of all wages.)
$515.04$2,202.24 $4,972.80$7,690.08
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. GET THIS PROJECT NOW BY CLICKING ON THIS LINK TO PLACE THE ORDER
CLICK ON THE LINK HERE: https://www.perfectacademic.com/orders/ordernow
Also, you can place the order at www.collegepaper.us/orders/ordernow / www.phdwriters.us/orders/ordernow
Do You Have Any Other Essay/Assignment/Class Project/Homework Related to this? Click Here Now [CLICK ME]and Have It Done by Our PhD Qualified Writers!!