Empl Hrs OT Rate Gross FIT FICA Health Dental Net 0010 35 $16 $560 $56.00 $42.84 $20 $15 0011 40 2 $18 $774 $77.40 $59.21 $20 $15 1101 $48,000 $923 $138.46 $70.62 $80 $15 Calculate the net pay for employee 0010. The overtime rate is time-and-a-half.
Empl Hrs OT Rate Gross FIT FICA Health Dental Net 0010 35 $16 $560 $56.00 $42.84 $20 $15 0011 40 2 $18 $774 $77.40 $59.21 $20 $15 1101 $48,000 $923 $138.46 $70.62 $80 $15 Calculate the net pay for employee 0010. The overtime rate is time-and-a-half.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Empl Hrs OT Rate
Gross
FIT
FICA
Health Dental Net
0010
35
$16
$560
$56.00
$42.84
$20
$15
0011
40
$18
$774
$77.40
$59.21
$20
$15
1101
$48,000
$923 $138.46
$70.62
$80
$15
Calculate the net pay for employee 0010.
The overtime rate is time-and-a-half.
A. $426.16
B. $602.39
C. $618.92
D. $752.00
2022 International Academy of Science. All Rights Reserved.
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