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During the week ended May 15, 2016, Scott Fairchild worked 40 hours. His regular hourly rate is $14. Assume that his earnings are subject to social security tax at a rate of 6.2 percent and Medicare tax at a rate of 1.45 percent. He also has deductions of $31 for federal income tax and $21 for health insurance.
a. What is his gross pay for the week?
Gross pay for the week $
b. What is the total of his deductions for the week? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Deductions for the week $
c. What is his net pay for the week? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Net pay for the week $
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