Dan Smith receives an hourly wage rate of $30. If Dan worked 48 hours for the current week and the federal income tax withheld was $211, what is the amount of Dan's Net Pay? $1349 $1229.66 $1440 O $1560

Q: Martin Jackson receives an hourly wage rate of $15, with time and a half for all hours worked in…

A: Formula: Net Amount = Gross Amount - All deductions.

Q: ross Pay, Deductions, and Net Pay Donald Chin works for Northwest Supplies. His rate of pay is $9…

A: Compute Chin's regular pay, overtime pay, gross pay, and net pay. Particulars Amount Amount…

Q: Sheffield Corbin's regular hourly wage rate is $16, and she receives an hourly rate of $24 for work…

A: FICA tax = Gross pay  x FICA tax  rate = 760*7.65% = $58.14

Q: Dan Smith receives an hourly wage rate of $30 if Dan worked 40 hours for the current week and the…

A: Total wages = hourly wage rate x no. of hours worked = $30 x 40 hours = $1200

Q: Mary Gonzalez had total cumulative gross earnings of $5,800 as of 1/31/20X1. Her gross earnings for…

A: State unemployment and Federal unemployment taxes are employer payroll taxes. These taxes are not…

Q: Isabelle's hourly rate is $21.25. She worked 40 hours. Her deduction for federal income tax is based…

A: Gross pay= 40 hours * $ 21.25 = $ 850

Q: Hobby Hut has three employees.  Find the amount subject FUTA and the amount of the FUTA for this pay…

A: >FUTA stands for Federal Unemployment Tax Act. It is an act that imposes a payroll tax on…

Q: Martin Jackson receives an hourly wage rate of $18, with time and a half for all hours worked in…

A: Payroll: Payroll refers to the total amount that is required to be paid by the company to its…

Q: Ian McCarthy works for Willow Tree Homes. His rate of pay is $16.00 per hour and he is paid one and…

A: 1) Calculation of Pay: Gross Pay = 40 hours ×$16= $640   Overtime Pay = 5 hours × $16 × 1.5= $120…

Q: Trey Morgan is an employee who is paid monthly. For the month of January of the current year, he…

A: Formula: Net pay = Gross salary - Social security tax - FICA tax - Tax withheld

Q: An employee earns $20 per hour and 1.5 times that rate for all hours in excess of 40 hours per week.…

A: Hours worked = 55  Normal hourly rate = $ 20 Overtime rate = $ 20*1.5 = $ 30 Normal weekly hours =…

Q: An employee receives an hourly rate of $32.00, with time and a half for all hours worked in excess…

A: Payroll taxes are taxes imposed on employers or employees and are usually calculated as a percentage…

Q: Susan Corbin's regular hourly wage rate is $20, and she receives an hourly rate of $30 for work in…

A: Total pay to the employee is a total pay less total deduction. We can formulate it as, Gross earning…

Q: An employee earns $40 per hour and 1.5 times that rate for all hours in excess of 40 hours per week.…

A: The answer is as fallows

Q: Martin Jackson receives an hourly wage rate of $15, with time and a half for all hours worked in…

A: Formula: Net pay = Gross pay - All deductions.

Q: An employee earns $16 per hour and 1.5 times that rate for all hours in excess of 40 hours per week.…

A: a. Gross pay = Normal pay + Overtime pay = $16*40 + 1.5* $16* (55-40)Gross pay = $640 + $560 Gross…

Q: 6. Sadie White receives an hourly rate of $30, with time and a half for all hours worked in excess…

A: Formula: Excess hours = Total hours - Normal hours

Q: An employee earns $32 per hour and 1.75 times that rate for all hours in excess of 40 hours per…

A: Gross pay is the total  amount earned by employee inclusive all taxes and deductions. Net pay is the…

Q: Coronado Corbin's regular hourly wage rate is $16, and she receives an hourly rate of $24 for work…

A: Here in this question, we are required to calculate gross earning and net pay for the period. When…

Q: An employee earns $22 per hour and 2 times that rate for all hours in excess of 40 hours per week.…

A:

Q: An employee earns $32 per hour and 1.75 times that rate for all hours in excess of 40 hours per…

A: Gross pay: It is an income calculated by multiplying the total hours worked with the basic hourly…

Q: Patricia Strand’s regular hourly wage rate is $22, and she receives an hourly rate of $33 for work…

A: Gross earnings = (40 hours x $22 per hour) + (Hours in excess of 40 hours x $33 per hour) =(40 hours…

Q: An employee earns $25 per hour and 2 times that rate for all hours in excess of 40 hours per week.…

A: Payroll accounting involves records of calculation, recording and analysis of employees compensation…

Q: Ian McCarthy works for Willow Tree Homes. His rate of pay is $16.00 per hour and he is paid one and…

A: Part 1:

Q: An employee receives an hourly rate of $25.00, with time and a half for all hours worked in excess…

A: Given the following information: An employee receives an hourly rate of $25.00 with time and a half…

Q: An employee receives an hourly rate of $17, with time and a half for all hours worked in excess of…

A: Gross pay = ($17 x 40 hours+ $17*1.5 x 9 hours) = $909.50

Q: Compute Michelle Strand’s gross earnings and net pay for the pay period.

A: Given information is: Michelle Strand’s regular hourly wage rate is $34, and she receives an hourly…

Q: Sue earned $56,000 working for an employer in the current year. The current rate for Social Security…

A: Note: FICA taxes include the social security tax and the Medicare tax. Social Security tax = Gross…

Q: An employee has year-to-date earnings of $115,400. The employee’s gross pay for the next pay period…

A: Earnings subject to tax = Wages base - year-to-date earnings = $118,500 - $115,400 = $3,100

Q: An employee earns $40 per hour and 1.5 times that rate for all hours in excess of 40 hours per week.…

A: Gross pay is the payment made to the employees without any tax and net pay is the payment made to…

Q: During the first week of February, Gabe Hopen earned $300.  Assume that FICA taxes are 7.65 percent…

A: FICA Taxes payable= $300 x 7.65% = $22.95 State unemployment taxes payable= $300 x 5% = $15.00…

Q: An employee receives an hourly wage rate of $18, with time and a half for all hours worked in excess…

A: An employee who works on an hourly basis is paid the wages at the hourly rate determined by the…

Q: Laura Corbin’s regular hourly wage rate is $20, and she receives an hourly rate of $30 for work in…

A: Solution:- Preparation of the journal entries to record (a) Laura’s pay for the period and (b) the…

Q: An employee earns $22 per hour and 2 times that rate for all hours in excess of 40 hours per week.…

A: Gross pay: Gross pay is a payment made to an employee for completion of work allocated by the…

Q: John Jansen, an employee of Redwood Company, had gross earnings for the month of May of $4,000. FICA…

A: FICA (Federal insurance contributions act) is the deduction of some percentage out of the gross…

Q: An employee has year-to-date earnings of $115,400. The employee’s gross pay for the next pay period…

A: FICA--OASDI Tax: FICA--OASDI stands for Federal Insurance Contributions Act for Old Age, Survivor…

Q: Martin Jackson receives an hourly wage rate of $25, with time and a half for all hours worked in…

A: Gross earnings = (40 hours x $25 per hour) + (Hours in excess of 40 hours x $25*1.5 per hour) =(40…

Q: Trey Morgan is an employee who is paid monthly. For the month of January of the current year, he…

A: Given that, total earnings = $4540 FICA tax for social security = 6.2% FICA tax rate for medicare =…

Q: Hank earns​ $18.50 per hour with timeandahalf for hours in excess of 40 per week. He worked 44 hours…

A: Hank's net pay for the week is calculated as below:

Q: Martin Jackson receives an hourly wage rate of $17, with time and a half for all hours worked in…

A: Payroll is the process using which the working hours, and pay rate of the employees of an entity are…

Q: An employee works 55 hours (55 - 40 were overtime hours) during a workweek in November of 2020. The…

A: SOLUTION TAXABLE INCOME IS THE MONEY THAT IS EARNED WHICH IS SUBJECTED TO TAXATION BY FEDERAL OR…

Q: An employee receives an hourly rate of $25, with time and a half for all hours worked in excess of…

A: Gross earnings = (40 hours x $25 per hour) + (Hours in excess of 40 hours x $25 per hour x 1.5) =(40…

Q: An employee earns $16 per hour and 1.5 times that rate for all hours in excess of 40 hours per week.…

A: a. Gross pay for the week 1120.00   b. Net pay for the week 778.00           Working Notes:…

Q: Ian McCarthy works for Willow Tree Homes. His rate of pay is $16.00 per hour and he is paid one and…

A: Regular Pay (40*16) $640.00 Overtime pay (5*16*1.5) $120.00 Gross pay $760.00 Net pay…

Q: An employee works 45 hours (45 - 40 were overtime hours) during a workweek in October of 2020. The…

A: Note: Since you have posted multiple questions, we will solve the first question. Please submit a…

Q: An employee receives an hourly wage rate of $16, with time and a half for all hours worked in excess…

A: Gross pay= Hours worked during week * wage rate + extra hours worked* Higher wage rate…

Q: The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both taxes are applied to the…

A: Formula to calculate total unemployment taxes (the empoyer must pay on this employee's wages):Total…

Q: Martin Jackson receives an hourly wage rate of $15, with time and a half for all hours worked in…

A: Lets understand the basics. Net amount paid is a gross pay less taxes paid. Gross pay = (Norma hour…

Q: An employee earns $36 per hour and 1.5 times that rate for all hours in excess of 40 hours per week.…

A: Gross pay for the week = (Normal rate × Normal hours) + (Bonus rate × Additional hours) Net pay for…