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Rose Garza's regular hourly wage rate is $32, and she receives a wage of 1 times the regular hourly rate for work in excess of

Rose Garza's regular hourly wage rate is $32, and she receives a wage of 1 times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period, Rose worked 42 hours. Her gross earnings prior to the current week were $5,000. Rose is married and claims three withholding allowances. Her only voluntary deduction is for group hospitalization insurance at $32.00 per week. Compute the following amounts for Rose's wages for the current week. (Round all answers to 2 decimal places, e.g. 52.55.) (1) Gross earnings. (2) FICA taxes. (Assume a 7.65% rate on maximum of $132,900.) (3) Federal income taxes withheld. (4) State income taxes withheld. (Assume a 2.0% rate.) (5) Net pay. AA A +A A A 1376 105.26 101 27.52 1110.22 Record Rose's pay. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.) Account Titles and Explanation Debit Credit

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