An employee of a Board of Education is paid an annual salary in 22 bi-weekly payments of $1483.41 each. The employee is under contract for 220 workdays of 8 hours each. (a) What is the hourly rate of pay? (b) What is the gross pay for a pay period in which the employee was away for 3 days at no pay? (a) The hourly rate is $. (Round to the nearest cent as needed.) (b) The gross pay is $
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- Jody Baush is a salaried employee who normally works a 35-hour week and is paid a weekly salary of 735.00. The agreement that he has with his employer states that his salary is to cover all hours worked up to and including 40. This week, Baush worked 42 hours. Calculate his gross pay. Gross pay_________Barbara Ripa receives 695 for a regular 40-hour week and time and one-half for overtime. For a workweek of 45 hours, compute: a. The regular earnings________ b. The overtime earnings________ c. The total earnings________An employee receives an hourly wage rate of $16, with time and a half for all hours worked in excess of 40 hours during a week. Payroll data for the current week are as follows: hours worked, 42; federal income tax withheld, $334; social security tax rate, 6.0%; and Medicare tax rate, 1.5% on all earnings. What is the gross pay for the employee? Select the correct answer. $1,008 $672 $1,344 $688
- An employee earns $40 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 50 hours during the week. Assume that the FICA tax rate is 7.5% and that federal income tax of $506 was withheld. a. Determine the gross pay for the week.$fill in the blank 1 b. Determine the net pay for the week. Round intermediate calculations and your final answer to the nearest cent, if rounding is required.An employee receives an hourly wage rate of $18, with time and a half for all hours worked in excess of 40 hours during a week. Payroll data for the current week are as follows: hours worked, 45; federal income tax withheld, $349; social security tax rate, 6.0%; and Medicare tax rate, 1.5% on all earnings. What is the net amount to be paid to the employee? Select the correct answer. $442 $855 $1,151 $1,207An 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, $350.00; social security tax rate, 6.0% on all earnings; and Medicare tax rate, 1.5% on all earnings. What is the net pay amount to be paid the employee? Group of answer choices $783.12 $857.00 $875.00 $1,113.14
- An employee earns $32 per hour and 1.75 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 50 hours during the week. Assume that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and federal income tax to be withheld was $423.20. a. Determine the gross pay for the week.$fill in the blank 1 If applicable, round your final answer to two decimal places. b. Determine the net pay for the week.Read following information to answer Question no. 6 and 7 Eva Itd. has three employees who are paid on an hourly basis. They receive a wage of 12 times the regular hourly rate for work in excess of 40 hours. Payroll data for the first week ended January 6, 2021, is given below. Hours Worked Emplovee Adam Hourly Rate $12.00 Union Fund $10.00 43 Anna 45 14.00 13.00 Era 46 13.00 7.00 The applicable taxes include: FICA 7.65%; state income taxes 1.5%; state unemployment taxes 5.4%; federal unemployment 0.8%; and Federal Income Tax. All employees are married. Adam claims 2 withholding allowances; Anna claims 5 allowances and Era claims 3 withholding allowances. (Federal Income tax table is given at the end of paper). Question No. 6 Prepare a payroll register for the weekly payroll. Question No. 7 (a) Journalize the payroll on January 6, 2021. (b) Journalize the accrual of employer payroll taxes on January 6, 2021. (c) Journalize the payment of the payroll on January 12, 2021.Peter Jones is paid $13.76 per hour. During the past week, he worked 44 hours, and he is a covered employee who must be paid for overtime. Calculate his gross pay using the overtime premium approach. Round your overtime rate to two decimal places and use the rounded amount in subsequent computations. Round your final answers to the nearest cent. a. Regular pay (44 hours) b. Overtime premium pay c. Gross pay $ $
- An employee earns $25 per hour and 2 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 48 hours during the week. Assume further that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and federal income tax to be withheld was $239.15. a. Determine the gross pay for the week. b. Determine the net pay for the week. Round to two decimal places.An employee earns $20 per hour and 1.75 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 50 hours during the week. Assume further that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and federal income tax to be withheld was $265. a. Determine the gross pay for the week.$fill in the blank 1 b. Determine the net pay for the week. Round your answer to two decimal places.$fill in the blank 2Joseph Cavato is paid $12.96 per hour. During the past week, he worked 46 hours, and he is a covered employee who must be paid for overtime. Calculate his gross pay using the overtime premium approach. Round your overtime rate to two decimal places and use the rounded amount in subsequent computations. Round your final answers to the nearest cent. a. Regular pay (46 hours) c. Gross pay