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An employee receives an hourly rate of $27, with time and a half for all hours worked in excess of 40 duringa week. Payroll data

An employee receives an hourly rate of $27, with time and a half for all hours worked in excess of 40 duringa week. Payroll data for the current week are as follows: hours worked, 46; federal income tax withheld, $350;cumulative earnings for year prior to current week, $99,700; social security tax rate, 6.0% on maximum of$100,000; and Medicare tax rate, 1.5% on all earnings. What is the net amount to be paid to the employee?

A. $713.75

B. $935.15 (answer)

C. $764.75

D. $873.77

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