Maria Garza's regular hourly wage rate is $16, and she receives a wage of 1 times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period, Maria worked 42 hours. Her gross earnings prior to the current week were $6,000. Maria is married and claims three withholding allowances. Her only voluntary deduction is for group hospitalization insurance at $25 per week.

a. Compute the following amounts for Maria's wages for the current week,

1. Gross earnings

2. FICA taxes (Assume a 7.65% rate on maximum of $110,100)

3. Federal income taxes withheld.

4. State income taxes withheld (Assume a 2.0% rate)

b. Record Maria's pay on a balance sheet

Account Titles and Explaination Debit Credit