Quiz 0 Saved Help Save & Exit During the first week of January, an employee works 48 hours. For this company, workers earn 150% of their regular rate for hours in excess of 40 per week. Her pay rate is $18 per hour, and her wages are subject to no deductions other than FICA Social Security, FICA Medicare, and federal income taxes. The tax rate for Social Security is 6.2% of the first $128.400 earned each calendar year and the FICA tax rate for Medicare is 145% of all earnings. The current FUTA tax rate is 06%, and the SUTA tax rate is 5.4% Both unemployment taxes are applied to the first $7.000 of an employee's pay. The employee has $82 in federal income taxes withheld What is the amount of this employees net pay for the first week of January (Round your intermediate calculations to two decimal places.) 25 Multiple Choice $936.00 $153.60 5864.40 578240