Computing Net Pay Mary So Guld works for a company at ay its employees 1...
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Computing Net Pay Mary So Guld works for a company at ay its employees 1 times the regular rate for all hours worked in excess of 40 per week. Guidates $14.50 per hour. Her we are subject to deductions for test tas, Social Security tax, and Medicare tax. She is mamed and claims four withholding allowances Guildhaa-hour lunch break during an hour day .. Name Week Ending Day M Mary Sue Guild March 30, 20 Hours Worked In Out In Out Regular Overtime 12:05 12:35 4:33 7:52 12:09 12:09 5:03 # 12:15 12:45 5:30 . 1 8100 12:01 12:30 1 2 7:56 12:05 12:34 4.30 . 1031 24 T w T Complete the following for the week regar hours $14.50 per hour vertimus 121.75 per hour Totswagen a. Federal income tax withholding (Tas Tables Reler to gure 4 in the text) .. Social Security wading at 625 Medicare withholding at 1434 0 Total with Net Day lll lllll Mary Sue Guild works for a company that pays its employees 1 times the regular rate for all tax, Social Security tax, and Medicare tax. She is married and claims four withholding allowanc Name Mary Sue Guild Week Ending March 30, 20- Hours Worked Day In M 7:57 T 7:52 Out In Out Regular Overtime 12:05 12:35 4:33 8 12:09 12:39 5:05 8 2 12:15 12:45 5:30 8 1 12:01 12:30 6:31 8 2 7:59 T 8:00 3, un 7:56 12:05 12:34 4:30 8 8:00 10:31 272 Complete the following for the week: a. regular hours x $14.50 per hour b. overtime hours x $21.75 per hour c. Total gross wages d. Federal income tax withholding (Tax Tables: Refer to Figure 8-4 in the text.) Social Security withholding at 6.2% Medicare withholding at 1.45% 00000 000 e. f. 9. Total withholding h. Net pay
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