Berkley's gross pay for the week is $950.His deduction for federal income tax is based on a rate of 20%.He has no voluntary deductions.His yearly pay is under the limit for OASDI.What is the amount of FICA tax that will be withheld from Berkley's pay? (Assume a FICA-OASDI Tax of 4.2% and FICA-Medicare Tax of 1.45%.)
A) $190.00
B) $53.68
C) $243.68
D) $60.32
Correct Answer:
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