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Assume that the payroll records of Concord Oil Company provided the following information for the weekly payroll ended November 30, 2020. Employee Hours Worked Hourly

Assume that the payroll records of Concord Oil Company provided the following information for the weekly payroll ended November 30, 2020.

Employee

Hours Worked

Hourly Pay Rate

Federal Income Tax

Union Dues

Year-to-Date Earnings Through Previous Week

T. King

44 $62 $442 $9 $133,900

T. Binion

46 27 97 5 23,200

N.Cole

40 32 148 5,700

C. Hennesey

42 37 230 7 49,500

Additional information: All employees are paid overtime at time and a half for hours worked in excess of 40 per week. The FICA tax rate is 7.65% for the first $132,900 of each employee's annual earnings and 1.45% on any earnings over $132,900. The employer pays unemployment taxes of 6.0% (5.4% for state and .6% for federal) on the first $7,000 of each employee's annual earnings.

CONCORD OIL COMPANY Payroll Register For the Week Ending November 30, 2020

Earnings

Deductions

Employee

Total Hours

Regular

Overtime

Gross Pay

FICA

Federal Income Taxes

Union

Net Pay

T.King

44

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For some reason I am getting the wrong answer for this person only. If someone can please clarify

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