. Jim Moss, an employee of Jones International, worked 49 hours during the week of April 4th through 10. His rate of pay is $16/hr, and he receives time-a-half for work in excess of 40 hours per week. Jim is married and claims four allowances on his W-2 form. Jims YTD earnings before this pay period rate $7,600, and his wages are subject to the following deductions:

a. Federal Income Tax

b. Social Security tax at 6.2%, with wage limit of $113,700

c. Medicare tax at 1.45%

d. Medical insurance premium (after-tax), $50

e. United Way contribution, $10.

Required What will his net pay for that period be?

9. Referring to problem above. Employer will match how much?