Donna Strand's regular hourly wage rate is $24, and she receives an hourly rate of $36 for work in excess of 40 hours. During a January pay period, Donna works 45 hours. Donna's federal income tax withholding is $86, and she has no voluntary deductions. Compute Donna Strand's gross earnings and net pay for the pay period. Assume that the FICA tax rate is 7.65%. (Round answers to 2 decimal places, e.g. 15.25.) Donna's gross earnings Donna's net pay
Donna Strand's regular hourly wage rate is $24, and she receives an hourly rate of $36 for work in excess of 40 hours. During a January pay period, Donna works 45 hours. Donna's federal income tax withholding is $86, and she has no voluntary deductions. Compute Donna Strand's gross earnings and net pay for the pay period. Assume that the FICA tax rate is 7.65%. (Round answers to 2 decimal places, e.g. 15.25.) Donna's gross earnings Donna's net pay
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter7: Employee Earnings And Deductions
Section: Chapter Questions
Problem 5PA
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![Donna Strand's regular hourly wage rate is $24, and she receives an hourly rate of $36 for work in excess of 40 hours. During a January
pay period, Donna works 45 hours. Donna's federal income tax withholding is $86, and she has no voluntary deductions.
Compute Donna Strand's gross earnings and net pay for the pay period. Assume that the FICA tax rate is 7.65%. (Round answers to 2
decimal places, e.g. 15.25.)
Donna's gross earnings
Donna's net pay](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc52676d0-39de-4f84-ba95-004ddcd7302a%2F38eee134-db36-429b-9b0d-74aa75e38f4f%2Fe9v96j_processed.png&w=3840&q=75)
Transcribed Image Text:Donna Strand's regular hourly wage rate is $24, and she receives an hourly rate of $36 for work in excess of 40 hours. During a January
pay period, Donna works 45 hours. Donna's federal income tax withholding is $86, and she has no voluntary deductions.
Compute Donna Strand's gross earnings and net pay for the pay period. Assume that the FICA tax rate is 7.65%. (Round answers to 2
decimal places, e.g. 15.25.)
Donna's gross earnings
Donna's net pay
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