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Kathy Burnett works for Triumph Industries. Her pay rate is $12.60 per hour and she receives overtime pay at one and one-half times her regular

Kathy Burnett works for Triumph Industries. Her pay rate is $12.60 per hour and she receives overtime pay at one and one-half times her regular hourly rate for any hours worked beyond 40 in a week. During the pay period that ended December 31, 20X1, Kathy worked 43 hours. She is married and claims three withholding allowances on her W-4 form. Kathys cumulative earnings prior to this pay period total $27,600. This weeks wages are subject to the following deductions:

  1. Social Security tax at 6.2 percent
  2. Medicare tax at 1.45 percent
  3. Federal income tax (use the withholding table shown in Figure 10.2b)
  4. Health and disability insurance premiums, $147
  5. Charitable contribution, $20

Required:

  1. Compute Kathys regular, overtime, gross, and net pay.
  2. Assuming the weekly payroll has been recorded, journalize the payment of her wages for the week ended December 31.

i need help for this section analyze

Analyze: Based on Kathys cumulative earnings through December 31, how much overtime pay did she earn this year?

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