Jennifer Strand’s regular hourly wage rate is $30, and she receives an hourly rate of $45 for work in excess of 40 hours. During a January pay period, Jennifer works 46 hours. Jennifer’s federal income tax withholding is $90, and she has no voluntary deductions.

Compute Jennifer Strand’s gross earnings and net pay for the pay period. Assume that the FICA tax rate is 7.65%. (Round answers to 2 decimal places, e.g. 15.25.)

Jennifer’s gross earnings		$enter a dollar amount
Jennifer’s net pay		$enter a dollar amount

Answer rating: 100% (QA)

Journal Entry Date Accounts Titles and Explanation Jan 15 Payroll Tax ... View the full answer