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Ron works for the local supermarket. Ron's pay is $10 per hour for the first forty hours each week. He receives time-and-a-half for any hours

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Ron works for the local supermarket. Ron's pay is $10 per hour for the first forty hours each week. He receives time-and-a-half for any hours be works over forty. Ron's income tax withholding is 16% for the state. He also pays the FICA tax of 7.65 % of has gross pay. Ron's employer pays mandatory union dues of $26, his share of the company-supplemented health insurance premium of $26, and a share of the company-supplemented health insurance premium of $78, and a voluntary donation to a local charity of $34 directly from Ron's pay. Ron was looking forward to his paycheck this week since be had worked a total of 46 hours. He was excited about having some same cash left over after marking his car and rent payments. Ron's firm pays $74 toward his health insurance premium as a fringe benefit. They also contribute $32 per week to a pension plan Show Ron's firm's entries necessary to record its employee fringe benefit expense. How much total money does Ron's company pay him for his work? Compare this to the amount Ron gets at the end of the week as calculated in requirement 1. Ron works for the local supermarket. Ron's pay is $10 per hour for the first forty hours each week. He receives time-and-a-half for any hours be works over forty. Ron's income tax withholding is 16% for the state. He also pays the FICA tax of 7.65 % of has gross pay. Ron's employer pays mandatory union dues of $26, his share of the company-supplemented health insurance premium of $26, and a share of the company-supplemented health insurance premium of $78, and a voluntary donation to a local charity of $34 directly from Ron's pay. Ron was looking forward to his paycheck this week since be had worked a total of 46 hours. He was excited about having some same cash left over after marking his car and rent payments. Ron's firm pays $74 toward his health insurance premium as a fringe benefit. They also contribute $32 per week to a pension plan Show Ron's firm's entries necessary to record its employee fringe benefit expense. How much total money does Ron's company pay him for his work? Compare this to the amount Ron gets at the end of the week as calculated in requirement 1

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