Question: Current Attempt in Progress Your answer is partially correct. Tammy Peters' regular hourly wage rate is $40, and she receives an hourly rate of $60


Current Attempt in Progress Your answer is partially correct. Tammy Peters' regular hourly wage rate is $40, and she receives an hourly rate of $60 for work in excess of 40 hours. During a March pay period, Tammy works 47 hours. Tammy's federal income tax withholding is $80, and she has no voluntary deductions. The FICA tax rate is 7.65%. Compute Tammy Peters' gross earnings and net pay for the pay period. (Round answers to 2 decimal places, e.g. 15.25.) Gross earnings $ 2020 Net pay 1791.59 $ Lisa Peters' regular hourly wage rate is $16, and she receives an hourly rate of $24 for work in excess of 40 hours. During a March pay period, Lisa works 47 hours. Lisa's federal income tax withholding is $80, and she has no voluntary deductions. The FICA tax rate is 7.65%. Prepare the journal entry to record Lisa's pay for the period. Use March 15 for the end of the pay period. (Round answers to 2 decimal places, e.g. 52.75. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit Mar. 15
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