Saturday
May 18, 2013

Homework Help: Accouting

Posted by RIkci on Monday, April 23, 2012 at 11:47pm.

Please can you show me how to do it.

An employee receives an hourly rate of $25, with time and a half for all hours worked in excess of 40 during a week. Payroll data for the current week are as follows: hours worked, 46 federal income tax withheld, $350; cumulative earnings for year prior to current week, $99,700; social security tax rate, 6.0% on maximum of $100,000; and Medicare tax rate, 1.5% on all earnings. What is the net amount to be paid the employee?
a. $857.00
b. $838.62
c. $875.00
d. $1,133.14

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

business - can someone help me with some information on each one of this. ...
business - can someone help me with some information on each one of this. ...
Math - An employee has two hourly wage options for positions in a large ...
business accounting - can someone help me with some information on each one of ...
programming - write a payroll program that promt a user to enter his name,hourly...
WORD PROBLEMS - I JUST NEED HELP IN DECIDING WHICH WAY TO SOLVE. I LIKE TO SOLVE...
Programming with Eclipse - Design, implement, test, and debug an application to ...
PLEASE HELP - An employee who produces x units per hour earns an hourly wage of ...
Math - Agnessa receives an annual salary of $47,962.20 based on a 39-hour ...
math - or each month jack works he earns an increase or raise of $. 05 on his ...

For Further Reading

Search
Members
Community