Question

In: Accounting

Christine Boone is an employee at Americamp Vehicles. She earns a salary of $34,750 annually, paid...

Christine Boone is an employee at Americamp Vehicles. She earns a salary of $34,750 annually, paid biweekly. She contributes to the following fringe benefits and other deductions:

  • Medical insurance: $80 per pay period
  • Dental insurance: $15 per pay period
  • 401(k): 5% of gross pay
  • Union dues: $100 per month
  • Additional withholding: $75 per month
Fringe benefits Amount
Medical insurance
Dental insurance
401(k)
Union dues
Additional withholding
Total amount of Christine's fringe benefits and other deductions $0.00

Solutions

Expert Solution

Medical insurance (80*26) 2080
Dental insurance (15*26) 390
401(k) (34,750*5%) 1,737.50
Union dues (100*12) 1200
Additional withholding (75*12) 900
Total fringe benefits 6307.50

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