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help me find A&B CalculeLeRUYU An employee earns $30 per hour and 1.5 times that rate for all hours in excess of 40 hours per
help me find A&B
CalculeLeRUYU An employee earns $30 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. If the employee worked 54 hours during the week. Assume that the social security tax rate is 6.0%, the Medicare tax rate is 1.5%, and the employee's federal income tax withheld is $295, a. Determine the employee's gross pay for the week. b. Determine the employee's net pay for the week. Round your answer to two decimal places. Feedback Check My Work Gross pay represents the total earnings of an employee for a specific pay period, prior to taxes and deductions. Net pay is also known as take-home pay Step by Step Solution
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