An hourly employee is paid $30/hour for a 40 hour week. Overtime is paid at time-and-a-half for hours worked in excess of 40 hours. In the prior week, the employee worked 48 hours. Federal income taxes of $250 were withheld, and state income taxes of $40 were withheld. FICA taxes of 6.2% (Social Security) and 1.45% (Medicare) were also withheld.

What is the weekly gross pay amount or this employee? What is the weekly net pay amount for this employee?

Answer rating: 100% (QA)

To calculate the weekly gross pay for the employee we need to account f... View the full answer