Question: Name 4 Hourly Wage Hours Worked Regular Pay Overtime Pay Gross Pay Taxable Pay Federal Tax FICA Net Pay 5 Spencer 2 $ 1 1
Name
Hourly Wage
Hours Worked
Regular Pay
Overtime Pay
Gross Pay
Taxable Pay
Federal Tax
FICA
Net Pay
Spencer
$
S
$
$
$
$
$ $
Wagner
:
Harvey
S
Woods
$
Price
$
Gibson
$
Gutierrez
$
Willis
$
Hayes
Cunningham
$
Martinez
Davidson
S
Totals
$
$ $
$
$
$
$
Overtime Pay
Name
Regular Pay
Gross Pay
Taxable Pay
Federal Tax
FICA
Net Pay
Wagner
Taxable Pay
Assumptions
Tax Rate
Base Work Hours
Overtime rate
$
FICA rate
$
Deduction per Depend S
$
$
Notes
Summary Statistics
#of Hours
Gross Pay
Net Pay
Average
Highest
Lowest
The base workweek is hours. Regular pay is based on hourly wage and hours worked up to
Overtime pay is based on overtime hours, the hourly wage, and the overtime rate.
The gross pay is the total of the regular pay and overtime pay.
The taxable pay is the difference between the gross pay and the product of the number of dependents and deduction per dependent
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