Question
Calculate The total amount paid to employees for a certain period.Payroll An employee earns $16 per hour and 1.5 times that rate for all hours
Calculate The total amount paid to employees for a certain period.Payroll
An employee earns $16 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 50 hours during the week, and that the The total earnings of an employee for a payroll period.gross pay prior to the current week totaled $23,200. Assume further that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and federal income tax to be withheld was $211.
a. Determine the gross pay for the week. $
If applicable, round your final answer to two decimal places.
b. Determine the Gross pay less payroll deductions; the amount the employer is obligated to pay the employee.net pay for the week. $
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