week Holden Simpson manages a Frosty Boy drive-in. His straight-time pay is $18 per hour, with time-and-a-half for hours in excess of 40 per week. Simpson's payroll deductions include withheld income tax of 20%, FICA tax, and a weekly deduction of $7 for a charitable contribution to United Way, Simpson worked 56 hours during the Click the icon to view payroll tax rate information.) Read the requirements Requirement 1. Compute Simpson's gross pay and not pay for the week. Assume earnings to date are $17.000. (Round all amounts to the nearest cent.) Begin by computing Simpson's gross pay for the week Gross Pay More info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. Employer: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned: SUTA: 5.4% on first $7,000 earned. Print Done 1