John McDonald is employed by Lee & Sterling. He is married, claims two withholding allowances, and earns $16.97 per hour. He has also chosen to have his union dues ($405 annually) and medical insurance ($5,500 per year, of which his employer pays 70%) deducted from his weekly paycheck. His Cumulative gross earnings prior to this paycheck were $7,858.26. This week he worked 49 hours and 45 minutes. The union contract stats that time-and-a-half is paid for all hours worked over 38 hours per week. Find all of John MCDonald's deductions for this pay period given the information above. Find John McDonald's net pay for this week.

College Accounting (Book Only): A Career Approach
12th Edition
ISBN:9781305084087
Author:Cathy J. Scott
Publisher:Cathy J. Scott
Chapter7: Employee Earnings And Deductions
Section: Chapter Questions
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John McDonald is employed by Lee & Sterling. He is married, claims two withholding allowances, and earns $16.97 per hour. He has also chosen to have his union dues
($405 annually) and medical insurance ($5,500 per year, of which his employer pays 70%) deducted from his weekly paycheck. His Cumulative gross earnings prior to this paycheck were $7,858.26. This week he worked 49 hours and 45 minutes. The union contract stats that time-and-a-half is paid for all hours worked over 38 hours per week. Find all of John MCDonald's deductions for this pay period given the information above.
Find John McDonald's net pay for this week.

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