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During the first week of January, an employee works 43 hours. For this company, workers eam 150% of their regular rate for hours in excess

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During the first week of January, an employee works 43 hours. For this company, workers eam 150% of their regular rate for hours in excess of 40 per week Her pay rate is $35 per hour, and her wages are subject to no deductions other than FICA Social Security, FICA Medicare, and federal income taxes. The tax rate for Social Security is 6.2 % of the first $118,500 earned each calendar year and the FICA tax rate for Medicare is 1.45 % of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4% Both unemployment taxes are the first $7,000 of an employee's pay. The employee has $99 in federal income taxes withheld. What is the amount of this employee's gross pay for the first week of January? applied to Multiple Choice $1,452 $1,558 $2,258

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