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An employee earns $20 per hour and 1.75 times that rate for all hours in...

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Accounting

An employee earns $20 per hour and 1.75 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 55 hours during the week. Assume that the FICA tax rate is 7.5% and that federal income tax of $305 was withheld.

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