An employee earns 50 per hour and 2 times that rate for all

Reference no: EM13570438

An employee earns $50 per hour and 2 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 $686.

What is the gross pay of the week?
What is the net pay of the week?

Reference no: EM13570438

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An employee earns 50 per hour and 2 times that rate for all

Reference no: EM13570438

Reference no: EM13570438

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