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Question 24 (7 points) The following information is for employee KU Employee for the week ended March 15. Total hours worked: 45 Rate: $10 per
Question 24 (7 points) The following information is for employee KU Employee for the week ended March 15. Total hours worked: 45 Rate: $10 per hour, with double time for all hours in excess of 40 Federal income tax withheld: $150 Cumulative earnings prior to current week: $6,400 Tax rates: Social security: 6% on maximum earnings of $106,800 Medicare tax: 1.5% on all earnings; on both employer and employee State income tax withheld: 3.0% a. Determine (1) gross earnings, (2) deductions, and (3) net paid
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