Herman Striker manages a Frosty World drive-in. His straight-time pay is $13 per hour, with time-and-a-half for hours in excess of 40 per week. Striker's payroll deductions include withheld income tax of 40%, FICA tax, and a weekly deduction of $10 for a charitable contribution to United Way. Striker worked 57 hours during the week. Requirement 1. Compute Striker's gross pay and net pay for the week. Assume earnings to date are $8,000. (Round all amounts to the nearest cent.) Begin by computing Striker's gross pay for the week. Straight-time pay for 40 hours Overtime pay for 17 hours Gross Pay 520 332 853 Compute Striker's net pay for the week. (Round all amounts to the nearest cent.) Gross pay Withholding deductions: Employee income tax 341 Employee OASDI tax Employee Medicare tax 10 Employee contribution to United Way Total withholdings 853 More info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: Employer: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. OASDI: 6.2% on first $132,900 earned; Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. Print Done - X