Question: Hello I need help with this question. I already fill out the time card but I want you to please check if I did it

Hello I need help with this question. I already fill out the time card but I want you to please check if I did it right or not. The state income tax is 2.5 percent and FICA is 7.65 percent.The question is: what is the overtime rate of pay? Please give me correct answer and step by step solution. And also please check if I did all the calculations correctly. Thank you.

Hello I need help with this question. I already fill out the

TIME CARD Employee Card No. 147 No. 11 Name A. Summa M S Exemps PAY PERIOD FROM: 8/14/- through 8/20/- 000-00-0005 OCCUPATION: Assistant Lead Man S. S. No. Total Date IN OUT IN OUT IN OUT .Dally Hrs. 8/14 15 7 12 1 5 9 16 8 1 2 6 9 17 7 12 1 5 9 18 8 1 2 6 9 19 7 12 1 5:30 9 1/ 20 8 12 4 TOTAL APPROVED BY: HOURS 49 1/2 EARNINGS Regular time Hours Worked 40 @$11.25 $ 450.00 Overtime 8 1/2 @ 16.875 $ 143.43 GROSS EARNINGS $ 593.43 DEDUCTIONS Federal Withholding 54 00 Dues Tax State Withholding 14 84 Insurance Tax Social Security FICA 145 10 Other Tax State Unemployment TOTAL DEDUCTIONS Insurance $ 113.94 NET PAY

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!