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History Bookmarks People Window Help Wew History Take a Test Garlyn Smith Secure https://www.mathxi.com/Student/PlayerTest.aspx?testld 152311536&centerwin; yes ACCT 2013 14WSpring 2017 Test: Final Exam Time Remaining: 01:07:28 Submit Test This Question: 1 pt 15 of 48 (14 complete) This Test: 48 pts possible so Question Help Aeron at with time and a half excess per week. He worked 52 hours at his job during the first week of March 2017. Aaron pays intermediate and 65% for and Medicare. All taxable under FICA Determine Aaron's net pay for the week. (Do not round any calculations, and round your final answer to the nearest cent) O A. $742.47 O B. $683.16 O C. $1,010.65 O D. $919.69 Click to select your answer.

Explanation / Answer

Given A boy earns $ 20.5 per hour

He worked 52 hours in a week; total amount earned =$ 20.5 * 52 = $1066

He earned extra income as he worked more than 40 hours per week

extra hours worked = 52-40 = 12; extra income earned = 12 * 10.25 = $123

Amount taxable = 15 + 7.65 = 22.65% of total income earned

tax paid amount = 0.2265*1189 = 269.3085 = $269.3085

Net amount pay = 1189 - 269.3085 = 919.6915

net pay = $919.69

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