Elize’s regular hourly wage rate is $16, and she receives an hourly rate of $24 for work in excess of 40 hours. During a January pay period, Elize works 47 hours. Elize’s federal income tax withholding is $99, and she has no voluntary deductions. Compute Elize’s gross earnings and net pay for the pay period.

Elize’s regular hourly wage rate is $16, and she receives an hourly rate of $24 for work in excess of 40 hours. During a January pay period, Elize works 47 hours. Elize’s federal income tax withholding is $99, and she has no voluntary deductions. Compute Elize’s gross earnings and net pay for the pay period.

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter7: Employee Earnings And Deductions

Section: Chapter Questions

Problem 1PB

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