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An employee receives an hourly rate of $45, with time and a half for all hours worked in excess of 40 during a week. Payroll
An employee receives an hourly rate of $45, with time and a half for all hours worked in excess of 40 during a week. Payroll data for the current week are as follows: hours worked, 46; Federal income tax withheld, $360; Social security tax, 6%; and Medicare tax rate, 1.5%. What is the net amount to be paid to the employee? a.$1,697.00 b.$1,845.00 c.$1,710.00 d.$1,679.63
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