Asked by Chevonne Watson on Jun 15, 2024
Verified
Nancy was laid off and applied for unemployment benefits in July.In her state,the weekly unemployment benefit is 55% of the 26-week average of the two highest-salaried quarters of the year leading to her application.In April,May,and June,Nancy earned a total of $13,500.In January,February,and March,her total income was $12,775.What will Nancy's weekly benefits be?
Unemployment Benefits
Government payments made to individuals who have lost their job and meet certain eligibility requirements.
- Determine gross income and net income from provided salary amounts, per-hour payments, and profit through commission.
- Comprehend the function and computation of deductions and withholdings from a worker's salary.
Verified Answer
KP
Kartik PachoriyaJun 17, 2024
Final Answer :
$555.82; (13,500 + 12,775)÷ 26 = 1,010.58;1,010.58 × 0.55 = 555.82
Learning Objectives
- Determine gross income and net income from provided salary amounts, per-hour payments, and profit through commission.
- Comprehend the function and computation of deductions and withholdings from a worker's salary.