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Jennifer Peters regular hourly wage rate is $48, and she receives an hourly rate of $72 for work in excess of 40 hours. During a
Jennifer Peters regular hourly wage rate is $48, and she receives an hourly rate of $72 for work in excess of 40 hours. During a March pay period, Jennifer works 47 hours. Jennifers federal income tax withholding is $80, and she has no voluntary deductions. The FICA tax rate is 7.65%. Prepare the journal entry to record Jennifers pay for the period. Use March 15 for the end of the pay period
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