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consider the ofllowing scenerio. for weekly pay period, you know the following information about the payroll at fort kent industries. Friday is a mandatory holiday.

consider the ofllowing scenerio. for weekly pay period, you know the following information about the payroll at fort kent industries. Friday is a mandatory holiday. Chris receives an annual salary of $89,760.00 based on a 36 hour workweek comprised of four, nine hour days. She has 2 hours of overtime at time and a half and did not work the mandatory holiday. Lawrence is paid $35.50 per hour based on 8 hour days and a 40 hour workweek. All premium wages are paid at regulatory minimums. from Sunday to Saturday he work 8,0,8,8,8,3 and 8 hours respectively. He will not receive another day off in lieu for the mandatory holiday. Greg received a graduated commission of 2.25% on his first $100,000 in sales and 4.15% on anything higher. His sales during one week were $123,000. Ignore his holiday or mandatory earnings in you calculations. Gunnar is paid a straight peicework wage of $2.24 per unit produced. He worked a total of 30 hours during the week, producing one unit every five minutes. Ignore his holiday and mandatory earnings in your calculations. The mane state tax rate for all employees in this scenario is 5.8%. Social security tax rate is 6.2% for the employee and 6.2% for the employer. The medicare tax rate is 1.45% for the employee and 1.45% for the employer. The Federal tax rate for all employees in this scenario is 22%. for all employees combined, determine the : total regular earnings, overtime earningsHoliday eanrings, Holiday worked earnings that Fort Kent Industires must report on its weekly company payroll report.

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