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Mathematics, 27.04.2021 20:00 hinacat87
Ian McCarthy works for Willow Tree Homes. His rate of pay is $15.00 per hour and he is paid 1 1/2 times the regular rate for all hours worked in excess of 40 per week. During the last
week of March of the current year he worked 45 hours, lan is single and claims 2 withholding allowances on his W-4 form. His weekly wages are subject to the following deductions:
Employee (Federal) income tax (use withholding table provided in text).
Social Security tax at 6.2%,
Medicare tax at 1.45%
Health insurance premium, 560.
Credit union deposit, 5140.
United Way contribution, $15.
Required:
1. Compute McCarthy's regular, overtime, gross, and net pay. If required, round your answers to the nearest cent.
Regular pay
Overtime pay
Gross pay
Net pay
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Answers: 3
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Ian McCarthy works for Willow Tree Homes. His rate of pay is $15.00 per hour and he is paid 1 1/2 ti...
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