Homework Assignment 3: You worked 55 hours for the week. You are paid $10 per hour. You are entitled to overtime pa state income tax deduction of 10%. There is a social security tax deduction of 6.2%. There is a for union dues. Required: a) Compute your net pay for the week. b) Assume you are the only employee. Make the required journal entry to reflect the above data. Homework Assignment Nou worked 5 hours for the week. You are paid $10 per hour. You are entitled to overtime pay. There is a federal income tax deduction of 15%. There is a state income tax deduction of 10%. There is a social security tax deduction of 6.2%. There is a medicare tax deduction of 1,45% In addition $10 was deducted for union dues Pegund Compute youtnet pay for the work b) Assume you are the only employee Make the required journal entry to reflect the above data