Moving to another question wil save this response. Question 15 of 2 stion 15 5 p

Question

Moving to another question wil save this response. Question 15 of 2 stion 15 5 points Save Nicole receives an hourly wage rate of $45, 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 folows hours worked, 48; federal income tax withheld $350; social security tax rate 6.0%; and Medicare tax rate 1.5%. What is the net amount to be pad to Nicolo? For full co please show all your work Path: p Words O Moving to arother question will save this response. Question 15 of 21

Explanation / Answer

Question No:15 Amount in $ Normal Wages =48hrs *$45 2160 overtime wages (8hrs *$45*0.50) 180 Gross Wages 2340 less: federal income tax with held 350 Social Security tax rate (2340*0.06) 140.4 Medicare (2340*1.5%) 35.1 Net pay 1814.5 Net Amount paid to nicole =$1814.50

Related Questions

Navigate

• Browse (All)
• Browse M
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.