What is the bet amount to be paid to the employer

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Reference no: EM131215847

An employee receives an hourly rate of $18 with time and a half for all hours worked in excess of 40 during the week. Payroll days for the hot rent week are as follows: hours worked, 47. Federal income tax withheld, $150. Cumulative earnings for the year prior to this week, $23,600. Social security twc rate, 6% on maximum of $100,000. And Medicare tax rate, 1.5% on all earnings. State unemployment compensation tax, 3.4% on the first $7,000. Federal unemployment compensation tax, .8% on the first $7,000. What is the bet amount to be paid to the employer?

A. $627.83

B. $1,269

C. $690.83

D. $909

Reference no: EM131215847

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