Rob Miller is paid $32 per hour for a 40-hour week and time-and-a-half for hours that exceed

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Rob Miller is paid $32 per hour for a 40-hour week and time-and-a-half for hours that exceed 40.
1. Compute Miller's gross pay for working 48 hours during the week.
2. Miller's income tax withholding is 15% of total gross pay. His only payroll deductions are payroll taxes. Compute Miller's net pay for the week, using a 7.65% FICA tax rate. Assume his total earnings for the year prior to this pay period total $54,800. Round amounts to the nearest cent?
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Financial Accounting

ISBN: 978-0134436111

4th edition

Authors: Robert Kemp, Jeffrey Waybright

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