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An employee receives an hourly wage rate of $16, with time and a half for all hours worked in excess of 40 during the week.
An employee receives an hourly wage rate of $16, with time and a half for all hours worked in excess of 40 during the week. Payroll data for the current week are as follows: hours worked, 48; federal income tax withhel d, $133; cumulative earnings for the year prior to this week, $25,948; social security tax rate, 6.0%; Medicare tax rate, 1.5%; state unemployment compensation tax, 3.4% on the first $7,000; and federal unemployment compensation tax, 0.8% on the first $7,000. What is the net amount to be paid to the employee? Round your answer to the nearest cent. Oa. $572.60 Ob. $1,152.00 Oc. $636.60 Od. $832.00
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