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Marilou Wheeler's regular hourly wage rate is $14, and she receives a wage of 1 1/2 times her regular rate for work in excess of
Marilou Wheeler's regular hourly wage rate is $14, and she receives a wage of 1 1/2 times her regular rate for work in excess of 40 hours. During a June pay period, Marilou worked 46 hours. Marilou's federal income tax withholding is $68, and her only voluntary deduction is $25 for group hospitalization insurance. The FICA tax rate is 7.65%. Compute Marilou's (a) gross earnings and (b) net pay for the pay period. (Round answers to 2 decimal places, e.g. 15.25.)
gross earnings: $_____
net pay: $______
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