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(Solved): The following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid semi ...



The following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid semimonthly. Some employees have union dues or garnishments deducted from their pay. You do not need to complete the number of hours. Required: Calculate their net pay using the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix

C

to determine federal income tax. Assume box 2 is not checked for any employee. Include Colorado income tax of 4.55 percent of taxable pay. No employee has exceeded the maximum FICA limit. Note: Round your Intermedlate calculations and final answers to 2 decimal places. Answer Is complete but not entirely correct.



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