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Complete the top portion and earnings section of an employee earnings record for

ID: 2328509 • Letter: C

Question

Complete the top portion and earnings section of an employee earnings record for the employee below. The associated pay period ends on 09/10/2017 (enter the year using four digits). Every employee earns hourly overtime wages 1.5 times greater than their regular wage rate.

Luisa Williams (SSN 678-90-1111) lives at 345 Mountain View Lane, Juneau, AK, 99801, is single, and claims one withholding allowance for both federal and state. She earns $7.50/hour, and worked 44 hours during the most recent week.

Notes:

The date must be entered as mm/dd/yyyy (such as 01/15/2017 for January 15th 2017).

For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

Open Directions in Popup Window   

Employee Earnings Record

Name
Address

SS#

Marital Status
Fed. Withholding Allow.
State Withholding Allow.


Earnings Deductions


Explanation / Answer

Solution:

LET’S AS ASSUME THAT TAX RATE :

Over time wage rate is 1.5 times more than the basic wagerate

Basic wage rate is 7.50 , over time pay rate will be 30.5

Social security tax is 6.2% of gross pay and medicare tax is 1.45% of gross pay

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