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\begin{tabular}{|c|c|c|c|c|c|c|c|}
\hline
\multicolumn{5}{|c|}{COMPANY NAME} & \multicolumn{3}{|c|}{EARNINGS STATEMENT} \\
\hline
\multicolumn{5}{|c|}{Some Corporation, 123 Somewhere Drive, Durham, NC 12345} & \multicolumn{2}{|c|}{PAY PERIOD} & PAY DATE \\
\hline
\multicolumn{2}{|c|}{EMPLOYEE NAME} & SSN & EMPLOYEE ID & CHECK NO. & 1152020 & 5/21/2020 \\
\hline
\multicolumn{2}{|c|}{Hope Marie Kingsley} & xxx-xx-6789 & 98B56 & 98765 & CURRENT TOTAL & YEAR-TO-DATE \\
\hline
DESCRIPTION & RATE & HOURS & CURRENT TOTAL & DEDUCTIONS & YEAR-TO-DATE \\
\hline
GROSS WAGES & 15.00 & 40 & 600.00 & & \\
\hline
FICA MED TAX & & & 8.70 & 78.30 \\
FICA SS TAX & & & 37.20 & 34.80 \\
FEDERAL TAX & & & 90.00 & 810.00 \\
NC STATE TAX & & & 34.50 & 310.50 \\
HEALTH & & & 76.58 & 689.22 \\
DENTAL & & & 8.23 & 74.07 \\
RETIREMENT & & & 60.00 & 540.00 \\
\hline
YTD GROSS & 5400.00 & YTD DEDUCTIONS & 2836.89 & YTD NET PAY & 2563.11 \\
\hline
\end{tabular}

One of Hope's coworkers quits, and during the next pay period, Hope works 60 hours instead of 40 to help cover the shifts. Which of Hope's deductions will definitely change as a result?

A. Her Federal Tax
B. Her Health Insurance
C. Her Retirement
D. Her Dental Insurance


Sagot :

Absolutely! Let's analyze Hope's deductions and determine which ones will definitely change as a result of her working 60 hours instead of 40:

1. Federal Tax: Federal taxes are typically calculated as a percentage of an employee's gross wages. Since Hope's gross wages will increase due to the additional hours, her Federal Tax deduction will definitely change.

2. Health Insurance: Health insurance premiums are generally a fixed amount, regardless of the number of hours worked. Therefore, her Health Insurance deduction will not change.

3. Retirement: Retirement contributions are usually calculated as a percentage of an employee's gross wages. Since Hope's gross wages will increase, her Retirement deduction will definitely change.

4. Dental Insurance: Dental insurance premiums are typically a fixed amount, similar to health insurance. Therefore, her Dental Insurance deduction will not change.

To summarize, the deductions that will definitely change as a result of Hope working 60 hours instead of 40 are:

- Federal Tax
- Retirement

Her Health Insurance and Dental Insurance deductions will remain the same.
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