5. Martin Jackson receives an hourly wage rate of $23, with time-and-a-half pay for all hours worked in excess of 40 hou
Posted: Sun May 29, 2022 8:46 pm
5. Martin Jackson receives an hourly wage rate of $23, with
time-and-a-half pay for all hours worked in excess of 40 hours
during a week. Payroll data for the current week are as follows:
hours worked, 44; federal income tax withheld, $202; social
security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the
net amount to be paid to Jackson?
a. $776.65 b. $1,058.00 c. $1,438.65 d. $1,742.65
time-and-a-half pay for all hours worked in excess of 40 hours
during a week. Payroll data for the current week are as follows:
hours worked, 44; federal income tax withheld, $202; social
security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the
net amount to be paid to Jackson?
a. $776.65 b. $1,058.00 c. $1,438.65 d. $1,742.65