Mary Sue Guild works for a company that pays its employees 1 times the regular rate...

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Mary Sue Guild works for a company that pays its employees 1½ times the regular rate for all hours worked in excess of 40 per week. Guild's pay rate is $15.00 per hour. Her wages are subject to deductions for federal income tax, Social Security tax, and Medicare tax. She is married and claims four withholding allowances. Guild has a ½- hour lunch break during an 8½2-hour day. Her time card is shown. Mary Sue Guild Name Week Ending a. In 7:57 7:52 7:59 8:00 7:56 8:00 Complete the following for the week: b. C. d. e. f. 9. Day M T W T h. March 30, 20-- F S Out In Out 12:05 12:35 4:33 12:09 12:39 5:05 12:15 12:45 5:30 12:01 12:30 6:31 12:05 12:34 4:30 10:31 40✔ regular hours x $15.00 per hour 6 ✓overtime hours x $22.50 per hour Total gross wages Federal income tax withholding (Tax Tables: Refer to Figure 8-4 in the text.) Social Security withholding at 6.2% Medicare withholding at 1.45% Total withholding Net pay Hours Worked Regular Overtime 8 8 8 8 8 ½ 1 2 2½ $ $ $ $ 600 ✓ 135 ✓ 735 ✓ 10.00 X 10 X 71 X 639 X Mary Sue Guild works for a company that pays its employees 1½ times the regular rate for all hours worked in excess of 40 per week. Guild's pay rate is $15.00 per hour. Her wages are subject to deductions for federal income tax, Social Security tax, and Medicare tax. She is married and claims four withholding allowances. Guild has a ½- hour lunch break during an 8½2-hour day. Her time card is shown. Mary Sue Guild Name Week Ending a. In 7:57 7:52 7:59 8:00 7:56 8:00 Complete the following for the week: b. C. d. e. f. 9. Day M T W T h. March 30, 20-- F S Out In Out 12:05 12:35 4:33 12:09 12:39 5:05 12:15 12:45 5:30 12:01 12:30 6:31 12:05 12:34 4:30 10:31 40✔ regular hours x $15.00 per hour 6 ✓overtime hours x $22.50 per hour Total gross wages Federal income tax withholding (Tax Tables: Refer to Figure 8-4 in the text.) Social Security withholding at 6.2% Medicare withholding at 1.45% Total withholding Net pay Hours Worked Regular Overtime 8 8 8 8 8 ½ 1 2 2½ $ $ $ $ 600 ✓ 135 ✓ 735 ✓ 10.00 X 10 X 71 X 639 X