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Business, 31.07.2019 17:10 klmklm3799

Harrington company is giving each of its employees a holiday bonus of $250 on december 13 (a nonpayday). the company wants each employee's check to be $250. the supplemental tax percent is used. nobody has capped for oasdi prior to the bonus check. a. what will be the gross amount of each bonus if each employee pays a state income tax of 3.01% (besides the other payroll taxes)? you may need to add one penny to the gross so that net bonus exactly equals $250.00. $ b. what would the net amount of each bonus check be if the company did not gross-up the bonus? round your intermediary calculations to the nearest cent. $

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