Employees are paid 1 50 times the regular hourly rate for

Employees are paid 1 50 times the regular hourly rate for all hours worked in excess of 40 hours per week FICA taxes are 8 on the first 100 000 of gross earnings Alvarez Company is subject to 5 40 state unemployment taxes and 0 80 federal unemployment taxes on the first 7 000 of gross earnings