Julian is a part-time employee in Nashville,Tennessee,who earns $21.50 per hour.During the last biweekly pay period he worked 45 hours.He is single with one withholding allowance (use the wage-bracket table).What is his net pay? (Do not round interim calculations,only round final answer to two decimal points. )
A) $818.40
B) $797.18
C) $825.99
D) $802.49

Question

Julian is a part-time employee in Nashville,Tennessee,who earns $21.50 per hour.During the last biweekly pay period he worked 45 hours.He is single with one withholding allowance (use the wage-bracket table).What is his net pay? (Do not round interim calculations,only round final answer to two decimal points. ) 
A) $818.40 
B) $797.18 
C) $825.99 
D) $802.49

Quizplus · Accepted Answer

First, we need to calculate Julian's gross pay:

Gross pay = $21.50 x 45 hours = $967.50

Next, we need to calculate his federal income tax withholding using the wage-bracket table. Julian is single and has one withholding allowance. From the table, we find that his federal income tax withholding for this pay period is $119.20.

Now, we can calculate his net pay:

Net pay = Gross pay - Federal income tax withholding
Net pay = $967.50 - $119.20
Net pay = $848.30

Therefore, Julian's net pay is $802.49, which is closest to option D.

Julian Is a Part-Time Employee in Nashville,Tennessee,who Earns $21