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Pounding Pavements, a clothing resale store, employs one salesperson, Deb Hadley. Hadley's straight-time wage is $40 per hour, with time-and-a-half pay for hours a withholds
Pounding Pavements, a clothing resale store, employs one salesperson, Deb Hadley. Hadley's straight-time wage is $40 per hour, with time-and-a-half pay for hours a withholds income tax (10%), FICA-OASDI (6.2%), and FICA-Medicare (1.45%) from Hadley's pay. Pounding Pavements also pays payroll taxes for FICA-OASDI (1.45%), and state and federal unemployment (5.4% and 0.6%, respectively). During the week ended December 26, Hadley worked 56 hours. Prior to this week, she Read the requirements. Requirement 1. Compute Hadley's gross pay and net (take-home) pay for the week. Begin with the computation of gross pay. (Round all amounts to the nearest whole dollar.) Gross Pay: Gross Pay
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