LINICVI. nupci 11 LACIUIUCU 8 of 15 (7 complete) HWS Score: 0 of 1 pt S11-6 (similar to) Renee Smith works at College of Baltimore and is paid $50 per hour for a 40-hour workweek and time-and-a-half for hours above 40. (Click the icon to view payroll tax rate information) Read the requirements Requirement 1. Compute Smith's gross pay for working 52 hours during the first week of February igon Straight-time pay for 40 hours Overtime pay for 12 hours Gross Pay Macro Choose from any list or enter any number in the input fields and then click Check Answer 1 Accounting 3 Parts Check remaining Type here to search I d M re and is paid $50 per hour for a 40-hour workweek and time-and-a-half for hours above 40. information.) More Info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. Employer: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% on all earnings: FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned Print Done Checl altimore and is paid $50 per hour for a 40-hour workweek and time-and-a-half for hours above 40. ax rate information.) $9 a Requirements 1. Compute Smith's gross pay for working 52 hours during the first week of February 2. Smith is single, and her income tax withholding is 10% of total pay. Smith's only payroll deductions are payroll taxes. Compute Smith's net (take-home) pay for the week. Assume Smith's earnings to date are less than the OASDI limit. 3. Journalize the accrual of wages expense and the payments related to the employment of Renee Smith ar any n Print Done Check Answ * A LINICVI. nupci 11 LACIUIUCU 8 of 15 (7 complete) HWS Score: 0 of 1 pt S11-6 (similar to) Renee Smith works at College of Baltimore and is paid $50 per hour for a 40-hour workweek and time-and-a-half for hours above 40. (Click the icon to view payroll tax rate information) Read the requirements Requirement 1. Compute Smith's gross pay for working 52 hours during the first week of February igon Straight-time pay for 40 hours Overtime pay for 12 hours Gross Pay Macro Choose from any list or enter any number in the input fields and then click Check Answer 1 Accounting 3 Parts Check remaining Type here to search I d M re and is paid $50 per hour for a 40-hour workweek and time-and-a-half for hours above 40. information.) More Info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. Employer: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% on all earnings: FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned Print Done Checl altimore and is paid $50 per hour for a 40-hour workweek and time-and-a-half for hours above 40. ax rate information.) $9 a Requirements 1. Compute Smith's gross pay for working 52 hours during the first week of February 2. Smith is single, and her income tax withholding is 10% of total pay. Smith's only payroll deductions are payroll taxes. Compute Smith's net (take-home) pay for the week. Assume Smith's earnings to date are less than the OASDI limit. 3. Journalize the accrual of wages expense and the payments related to the employment of Renee Smith ar any n Print Done Check Answ * A
