College

Charles Benton's gross weekly salary is $421. His weekly federal withholding is $51.18. The Social Security tax is 6.2 percent of the first $90,000. The Medicare tax is 1.45 percent of gross pay. The state tax is 1.5 percent of gross pay. Each week he pays $12.40 for medical insurance.

What are Benton's total deductions?

A. $108.90
B. $110.90
C. $102.10
D. $138.09

Answer :

Charles Benton's total deductions are $102.09. Therefore, the correct option is b. $102.10.

To find Charles Benton's total deductions, we need to calculate the deductions for federal withholding, Social Security tax, Medicare tax, state tax, and medical insurance, and then sum them up.

1. Federal withholding: $51.18

2. Social Security tax: 6.2% of $421 = 0.062 * $421 = $26.08

3. Medicare tax: 1.45% of $421 = 0.0145 * $421 = $6.11

4. State tax: 1.5% of $421 = 0.015 * $421 = $6.32

5. Medical insurance: $12.40

Now, let's sum up all the deductions:

Total deductions = Federal withholding + Social Security tax + Medicare tax + State tax + Medical insurance

Total deductions = $51.18 + $26.08 + $6.11 + $6.32 + $12.40

Total deductions = $102.09

So, Charles Benton's total deductions are $102.09. Therefore, the correct option is b. $102.10.