Calculate Jamie's net pay

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Jamie is an hourly employee who currently earns $25 per hour, and regularly works 32 hours per week. Jamie is paid vacation @ 4%.

For the last payroll cycle, which was biweekly, Jamie worked for 78 hours. He had $400 in mandatory deductions and 3% for health insurance.

Calculate Jamie's net pay

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