Solved

Mrs Yung Is Completing a Payroll Register

Question 13

Essay

Mrs. Yung is completing a payroll register. One employee, Alice Kenta, is single with 2 allowances. Alice's hourly rate is $12.50 and she earns time and one-half for overtime. This week, Alice worked 40 hours of straight time and 4 overtime hours. Alice has $37.87 in pre-tax dollars withheld for medical insurance. According to the tax table, she should pay $38 in federal taxes. After 6.2% in Social Security and 1.45% in Medicare are withheld, what is Alice's net pay?

Correct Answer:

verifed

Verified

$458.04; 40 $12.50 = $500; $12...

View Answer

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

Related Questions