Jennifer Ross, an employee of Hampton Company, worked 43 hours during the week of February 9 through 15. Her rate of pay is $22.00 per hour, and she receives time-and-a-half for work in excess of 40 hours per week. She is married and claims two allowances on her W-4 form. Her wages are subject to the following deductions: Federal income tax (use the table in Figure 3). Social Security tax at 6.2 percent. Medicare tax at 1.45 percent. Union dues, $33.00. Compute Ross's regular pay.  $ Compute Ross's overtime pay. If required, round intermediate calculations to the nearest cent and use them in subsequent computations. Round final answer to the nearest cent.  $ Compute Ross's gross pay. If required, round intermediate calculations to the nearest cent and use them in subsequent computations. Round final answer to the nearest cent. $ Compute Ross's net pay. If required, round intermediate calculations to the nearest cent and use them in subsequent computations. Round final answer to the nearest cent. $

College Accounting (Book Only): A Career Approach
12th Edition
ISBN:9781305084087
Author:Cathy J. Scott
Publisher:Cathy J. Scott
Chapter7: Employee Earnings And Deductions
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Jennifer Ross, an employee of Hampton Company, worked 43 hours during the week of February 9 through 15. Her rate of pay is $22.00 per hour, and she receives time-and-a-half for work in excess of 40 hours per week. She is married and claims two allowances on her W-4 form. Her wages are subject to the following deductions:

  1. Federal income tax (use the table in Figure 3).
  2. Social Security tax at 6.2 percent.
  3. Medicare tax at 1.45 percent.
  4. Union dues, $33.00.

Compute Ross's regular pay. 

$

Compute Ross's overtime pay. If required, round intermediate calculations to the nearest cent and use them in subsequent computations. Round final answer to the nearest cent. 

$

Compute Ross's gross pay. If required, round intermediate calculations to the nearest cent and use them in subsequent computations. Round final answer to the nearest cent.

$

Compute Ross's net pay. If required, round intermediate calculations to the nearest cent and use them in subsequent computations. Round final answer to the nearest cent.

$

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