Juan Padronas works for H&C Commercial Builders, Inc. His pay rate is $13.00 per hour and he receives overtime pay at one and one-half times his regular hourly rate for any hours worked beyond 40 in a week. During the pay period ended December 31, 2019, Juan worked 48 hours. Juan is married and claims three withholding allowances on his W-4 form. Juan's cumulative earnings prior to this pay period total $28,000. Juan's wages are subject to the following deductions:

• Social security tax at 6.2 percent
• Medicare tax at 1.45 percent
• Federal income tax (use the withholding table shown in Figure 10.2B)
• Health insurance premiums, $150
• Charitable contribution, $20
• Credit Union Savings, $25

INSTRUCTIONS

• Compute Juan's regular, overtime, gross, and net pay.
• Assuming the weekly payroll has been recorded, journalize the payment of his wages for the week ended December 31, 2019. Use journal page 18.

Analyze: Based on Juan's cumulative earnings through December 31, how much overtime pay did he earn this year?

Employee: Betty Brooks Hours worked: 45 Regular Hourly Rate: $12.80 Marital Status: M Withholding Allowances: 3 Cumulative Earnings: $ 44,179.00.

Employee: Cynthia Carter Hours worked: 48 Regular Hourly Rate: $13.40 Marital Status: M Withholding Allowances: 2 Cumulative Earnings: $53,015.00.

Employee:Mary Easley Hours worked: 44 Regular Hourly Rate: $29.30 Marital Status: M WIthholding Allowances: 4 Cumulative Earnings: $82,748.00

Employee: James Periot Hours worked: 30 Regular Hourly Rate: 37.00 Marital Status: S WIthholding Allowances: 2 Cumulative Earnings: $104,486.00