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10.0 11 = Natalie is considering hiring two permanent employees who are paid on an hourly basis plus time and a half for all hours

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10.0 11 = Natalie is considering hiring two permanent employees who are paid on an hourly basis plus time and a half for all hours worked in excess of 40 hours per week. She is curious as to how this would affect her company's francial position. She has created some hypothetical payroll data which are presented below, Hourly Rate United Fund Cumulative Prior Earnings Federal Income Tax Employee Hours Worked 5 S8 40 $9.216 B Borke $12 2 10 9.984 E. Clarke 50 12 Borke and Clarice are each married and they claim 1 and 2 withholding allowances, respectively. The 7.65% FICA tax rate como the Social Security tax rate of 62% on salaries and wages up to 5128400 and the Medicare tax rate of 45% on alles was State income taxes are 4% Federal and state unemployment taxes 0.8% and 5 on the first 57.000 opinie during the year Cookie Creations Payroll Register s * 19 . c 3 3 Type here to search

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