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Computing Net Pay Mary Sue Guild works for a company that pays its employees 1 times the regular rate for all hours worked in
Computing Net Pay Mary Sue Guild works for a company that pays its employees 1 times the regular rate for all hours worked in excess of 40 per week. Guild's pay rate is $11.00 per hour. Her wages are subject to deductions for Sederal income tax, Social Security tax, and Medicare tax. She is married and claims four withholding allowances. Guild has a 1-hour lunch break during an 8%-hour day. Her time card is shown. Mary Sue Guild Name Week Ending March 30, 20- Hours Worked Day In Out In Out Regular Overtime M 7:57 7:52 12:05 12:35 4:33 12:09 12:39 5:05 8 8 " W 7:59 12:15 12:45 5:30 1 8:00 12:01 12:30 6:31 " 2 7:56 8:00 12:05 12:34 4:30 10:31 " Complete the following for the week . regular hours $11.00 per hour overtime hours $16.50 per hour L Total gross wages d. Federal income tax withholding (Tax Tables: Refer to Figure 8-4 in the text) A Social Security withholding at 6.2% 6 Medicare withholding at 1.45% U Total withholding h 000 00000
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