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Question Completion Status: An employee receives an hourly wage rate of $ 1 5 , with time and a half for all hours worked in

Question Completion Status:
An employee receives an hourly wage rate of $15, with time and a half for all hours worked in excess of 40 during the week. Payroll data for the current week are as
follows: hours worked, 46 ; federal income tax withheld, $110; cumulative earnings for the year prior to this week, $24,500; social security tax rate, 6%; Medicare tax
rate, 1.5%; state unemployment compensation tax, 3.4% on the first $7,000; and federal unemployment compensation tax, 0.8% on the first $7,000. What is the net
amount to be paid to the employee?
a. $544.88
b. $539.00
c. $569.87
d. $625.00
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