the regular rate for all hours worked in weekly wages are subject to the following a Willow Tree Homes His rate of pay in $16.o0 per hour and he h pald 1 1/2 imes on his W.4 form. His Employee b. c, Social Security tax at 6.2% Medicare tax at 1.45% d. Health e. Credit union deposit, $140. s6o, United Way contribution, $15. Compute McCarthy's regular, overtime, gross, and net pay 2. Journalize the crediting Cash for the net amount Calculation of McCarthy's regular, overtime, gross, and net pay: payment of his wages (employee side) for the week ended March 26