Solved

Eve Trek's Regular Hourly Wage Is $14 an Hour

Question 193

Essay

Eve Trek's regular hourly wage is $14 an hour. She receives overtime pay at the rate of time and a half. The FICA tax rate is 8%. Eve is paid every two weeks. For the first pay period in January, Eve worked 86 hours of which 6 were overtime hours. Eve's federal income tax withholding is $300 and her state income tax withholding is $100. Eve has authorized that $50 be withheld from her check each pay period for savings bonds.
Instructions
Compute Eve Trek's gross earnings and net pay for the pay period showing each payroll deduction in arriving at net pay.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents