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An employee receives an hourly rate of $15, with time and a half for all hours worked in excess of 40 during the week. Payroll

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An employee receives an hourly rate of $15, with time and a half for all hours worked in excess of 40 during the week. Payroll data for the first week of the calendar year are as follows: hours worked, 46; federal income tax withheld, \$110; Social security tax rate, 6\%; and Medicare tax rate, 1.5%; state unemployment tax, 5.4% on the first $7,000, federal unemployment tax, 0.8% on the first $7,000. What is the net amount to be poid to the employee? If required, round your answers to the nearest cent. a. $539.00 b. $625.00 c. $544.88 d. 5569.87 QUESTION 12

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