Question: Just need the formula for each column without using numbers. regular pay, overtime, gross pay, taxable pay, federal withholding tax, FICA, net pay, # of
Just need the formula for each column without using numbers. regular pay, overtime, gross pay, taxable pay, federal withholding tax, FICA, net pay, # of hours, gross pay, and net pay
1. The base workyeek is 40 hours. Regular pay is based on hourby wage and hours worked up lo 40 . 2. Overtme pay is based on overtime hours, the hourty wage, and the ovorime rale 3. The gross pay is the latal of the regular fay and oyerfime pay 4. The taxable pay is the diflerence bebeven the gross pay and the product of the namber of dopendents and deducfon per dependont. 5. Federal withholding tax is calculated on the taxable pay based on the tax table
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