Marilou Wheeler's regular hourly wage rate is $14 and she receives a wage of 1 1/2 times her regular rate for work in excess of 40 hours. During a June pay period Marilou worked 46 hours. Marilou's federal income tax withholding is $68 and her only voluntary deduction is $25 for group hospitalization insurance. The FICA tax rate is 7.65%.
Instructions
Compute Marilou's (a) gross earnings and (b) net pay for the pay period.

Question

Quizplus · Accepted Answer

The Answer of Marilou Wheeler's regular hourly wage rate is $14 and she receives a wage of 1 1/2 times her regular rate for work in excess of 40 hours. During a June pay period Marilou worked 46 hours. Marilou's federal income tax withholding is $68 and her only voluntary deduction is $25 for group hospitalization insurance. The FICA tax rate is 7.65%.
Instructions
Compute Marilou's (a) gross earnings and (b) net pay for the pay period.

Marilou Wheeler's Regular Hourly Wage Rate Is $14 and She