Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/clouawmm/public_html/wp-includes/functions.php on line 6114
Calculate Payroll of the employee - Cloud Essays

Cloud Essays

High Quality Essays

Browse Our Directory

Awaiting product image

Calculate Payroll of the employee

$1.00

An employee earns $32 per hour and 1.75 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 50 hours during the week, and that the gross pay prior to the current week totaled $46,400. Assume further that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and federal income tax to be withheld was $423.

If required, round your answers to two decimal places.

a. Determine the gross pay for the week.
$

b. Determine the net pay for the week.
$

SKU: calculate-payroll-of-the-employee Category:
Share with others

Details

An employee earns $32 per hour and 1.75 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 50 hours during the week, and that the gross pay prior to the current week totaled $46,400. Assume further that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and federal income tax to be withheld was $423.

If required, round your answers to two decimal places.

a. Determine the gross pay for the week.
$

b. Determine the net pay for the week.
$

Reviews

There are no reviews yet.

Only logged in customers who have purchased this product may leave a review.

Related products