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Harold Striker manages a Frosty Boy drive-in. His straight-time pay is $14 per hour, with time-and-a-half for hours in excess of 40 per week. Striker's
Harold Striker manages a Frosty Boy drive-in. His straight-time pay is $14 per hour, with time-and-a-half for hours in excess of 40 per week. Striker's payroll deductions include withheld income tax of 30%, FICA tax, and a weekly deduction of $12 for a charitable contribution to United Way. Striker worked 54 hours during the week. (Click the icon to view payroll tax rate information.) Read the requirements. Requirement 1. Compute Striker's gross pay and net pay for the week. Assume earnings to date are $9,000. (Round all amounts to the nearest cent.) Begin by computing Striker's gross pay for the week. Straight-time pay for 40 hours 560 Overtime pay for 14 hours Gross Pay Requirements 1. Compute Striker's gross pay and net pay for the week. Assume earnings to date are $9,000. 2. Journalize Frosty Boy's wages expense accrual for Striker's work. An explanation is not required. 3. Journalize the subsequent payment of wages to Striker. Print Done
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