Question

you decide to work part-time at a local supermarket. the job pays $8.00 per hour and you work 18 hours per week. your employer withholds 10% of your gross pay for federal taxes, 5.65% for fica taxes, and 3% for state taxes. complete parts (a) through (f) below. the federal taxes are $14.40. (round to the nearest cent as needed.) c. how much is withheld per week for fica taxes? the fica taxes are $8.14. (round to the nearest cent as needed.) d. how much is withheld per week for state taxes? the state taxes are $4.32. (round to the nearest cent as needed.) e. what is your weekly net pay? the weekly net pay is $117.14. (round to the nearest cent as needed.) f. what percentage of your gross pay is withheld for taxes? the percentage of gross pay withheld for taxes is \\(\square\\)% (round to the nearest tenth as needed.)

Explanation:

Step1: Find gross pay

Gross pay = hourly rate × hours worked = $8 × 18 = $144.

Step2: Find total taxes withheld

Federal tax: $14.40, FICA tax: $8.14, State tax: $4.32. Total taxes = 14.40 + 8.14 + 4.32 = $26.86.

Step3: Calculate percentage of taxes

Percentage = (Total taxes / Gross pay) × 100 = (26.86 / 144) × 100 ≈ 18.6527...

Step4: Round to nearest tenth

Rounded to nearest tenth: 18.7.

Answer:

18.7