Question

find the regular earnings, overtime earnings, gross earnings, social security (fica) deduction at 6.2%, medicare deduction at 1.45%, and state disability (sdi) deduction at 1% for kevin messina. at the end of this pay period kevin’s will still be below the fica and sdi maxima. he is paid at a time - and - a - half rate for hours in excess of 40.

employee	hours	reg. rate	earnings - regular	earnings - overtime	earnings - gross	deductions - fica	deductions - medicare	deductions - sdi

what are kevin’s regular earnings?
$ 360.00

what are kevin’s overtime earnings?
$ 178.20

what are kevin’s gross earnings?
$ 538.20

what is kevin’s social security deduction?
$ 33.37 (round to the nearest cent.)

what is kevin’s medicare deduction?
$ 7.80 (round to the nearest cent.)

what is kevin’s state disability insurance deduction?
$ \square (round to the nearest cent.)

Explanation:

Step1: Identify gross earnings and SDI rate

Gross earnings (from previous) is $538.20. SDI rate is 1%.

Step2: Calculate SDI deduction

SDI deduction = Gross earnings × SDI rate = $538.20 × 0.01
$538.20 × 0.01 = $5.382, rounded to nearest cent is $5.38.

Answer:

$5.38