from Cengage L Microsolt Edge gnmentMando?invoker=&takeAssignmentsessionLocatore

Question

from Cengage L Microsolt Edge gnmentMando?invoker=&takeAssignmentsessionLocatore; assignment-take&nprogress-false; Caloulator An employee receives an hourty wage rate of $21, with time and a half for all hours worked in excess of 40 hours during a week. Payroll data for the current weck are as follows: hou worked, 46; federal income tax withheld 4330, s oal security tax rate, 6.0%; and Medicare tax rate, ist on all earings. What if the gross pay for the enployee? Select the correct answer. o$1,029 O $1,932 o$966 O$1,449

Explanation / Answer

Hourly Wages Rate $21 Hours Worked 46 Base Pay on 40 weekly Hours @ $21 $840 Over time for 6 hours (i.e. Hours in Excess of weekly Hours of 40) @ 150% of $21 $189 Gross Pay of Employee $1,029 So the Answer is $1029

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