An employee receives an hourly wage rate of $22, with time-and-a-half for all hours worked in excess of 40 during the week. Payroll data for

An employee receives an hourly wage rate of $22, with time-and-a-half for all hours worked in excess of 40 during the week. Payroll data for the current week are as follows: hours worked, 45; federal income tax withheld, $127; social security tax rate, 6.0%; Medicare tax rate, 1.5%; state unemployment compensation tax, 3.4% on the first $7,000; and federal unemployment compensation tax, 0.8% on the first $7,000. What is the net amount to be paid to the employee?

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  1. Answer:

    Amount paid to the employee is $ 865.2

    Explanation:

    Hourly wage = 40 *$22= $ 880

    Excess hours wages = 5*($22+$11)= $165

    total wages= $1045

    deduct federal income tax= $1045- $127=$918

    Social Security deducted at 6%= $880*6%=$52.8 from $918gives $865.2

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