Martin Jackson Receives an Hourly Wage Rate of $30, with Time

Multiple Choice

Martin Jackson receives an hourly wage rate of $30, with time and a half for all hours worked in excess of 40 hours during a week. Payroll data for the current week are as follows: hours worked, 46; federal income tax withheld, $350; social security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the net amount to be paid to Jackson?

A) $1,470.00
B) $1,009.75
C) $1,097.95
D) $460.25