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Jennifer Peters' regular hourly wage rate is $38, and she receives an hourly rate of $57 for work in excess of 40 hours. During
Jennifer Peters' regular hourly wage rate is $38, and she receives an hourly rate of $57 for work in excess of 40 hours. During a March pay period, Jennifer works 47 hours. Jennifer's federal income tax withholding is $80, and she has no voluntary deductions. The FICA tax rate is 7.65%. Compute Jennifer Peters' gross earnings and net pay for the pay period. (Round answers to 2 decimal places, e.g. 15.25.) Gross earnings $ Net pay
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
4th edition
978-0133428469, 013342846X, 133428370, 978-0133428377
