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Lisa Peters' regular hourly wage rate is $16, and she receives an hourly rate of $24 for work in excess of 40 hours. During a
Lisa Peters' regular hourly wage rate is $16, and she receives an hourly rate of $24 for work in excess of 40 hours. During a March pay period, Lisa works 47 hours. Lisa's federal income tax withholding is $80, and she has no voluntary deductions. The FICA tax rate is 7.65%. Compute Lisa Peters' gross earnings and net pay for the pay period. (Round answers to 2 decimal places, e.g. 15.25.)
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