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

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Calculator An employee receives an hourly rate of $27, with time and a half for all hours worked in excess of 40 during a week. Payroll data for the cur week are as follows: hours worked, 46; federal income tax withheld,, $350; cumulative earnings for year prior to current week, $99,700; soc security tax rate, 6.0 % on maximum of $106,800; and Medicare tax rate, 1.5 % on all earnings. What is the net pay for the employee? Oa. $873.77 Ob. $953.16 Oc. $1,223.77 Od. $798.85

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