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Lisa Meilo works for Pacific Company, which pays its employees time - and - a - half for all hours worked in excess of 4

Lisa Meilo works for Pacific Company, which pays its employees time-and-a-half for all hours worked in excess of 40 per week. Meilo's pay rate is $37 per hour. Her wages are subject to federal income tax, a Social Security tax deduction at the rate of 6.2 percent, and a Medicare tax deduction at the rate of 1.45 percent. She is married and claims three allowances. Meilo has an unpaid half-hour lunch break during an 8(1)/(2)-hour day. In the most recent pay period, she worked 50 hours. Meilo's beginning cumulative earnings are $73,654.
Complete the following. If required, round all intermediate calculations and answers to the nearest cent, use rounded answers in subsequent computations
a. fill in the blank 1
40
hours at straight time \times
$ fill in the blank 2
37
per hour
$fill in the blank 3
1,480
b. fill in the blank 4
10
hours overtime \times
$fill in the blank 5
55.5
per hour
fill in the blank 6
555
c. Total gross pay
$fill in the blank 7
2,035
d. Federal income tax withholding $247.30
e. Social Security tax withholding at 6.2 percent
fill in the blank 8
126.17
f. Medicare tax withholding at 1.45 percent
fill in the blank 9
29.51
g. Total withholding
fill in the blank 10
h. Net pay
$fill in the blank 11

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