1. Joe works at Dion's Pizza for $9.35 an hour. When he works over time his pay jumps up
to $14.03 an hour. Last week, Joe worked 45 hours.
a. What is Joe's gross pay for last week?
b. What would be Joe's Social Security deduction? (remember SS tax is 6.2%)
c. What would b Joe's Medicare Tax deduction? (remember Medicare tax is 1.45%
d. Joe's other deductions are: federal tax $61.62, state tax $21.03, city tax $6.01.
What are Joe's total deductions for this pay period?
e. What is Joe's net pay for this pay period?

Respuesta :

Answer:

a. Maximum hours allowed per hour= 40

                      extra hours worked = 5

                        Joe's Gross Pay = 40 x 9.35 + 5 x 14.03

                                                     =$444.15s

b. SS Tax = 6.2%

                  Social security deduction= 6.2 % of Gross Pay

                                                             = (6.2 *444.15)/100

                                                             =$27.5373s

c. Medicare tax =1.45% of Gross Pay

                          = (1.45 x 444.15)/100

                          = $6.440175s

d. Federal Tax = $61.62 State Tax = $21.03 city Tax= $6.01

              Total deduction for this period= SS Tax +Medicare Tax + Federal Tax + State Tax + City Tax

             =   27.5373+6.440175 +  61.62 + 21.03 + 6.01

             =  $122.637475s

e. Joe's net pay for this pay period = 444.15 - 122.637475

               =$321.512525s

Explanation:

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