Required information Suppose Jim worked 67 hours during this payroll period and is paid $13.00 per...

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Required information Suppose Jim worked 67 hours during this payroll period and is paid $13.00 per hour. Assume FICA is 6.2%,

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Answer 1

Answer #1

Solution Values provided in Question are: - No of hers. Tim worked = 67 Hourly Rate = $13 Formula to calculate Net Pay check Step 2: Calculation of Net Pay Check Gross Pay check [from Step 1 1 $ 871 - Deductions FICA [ 6.2 %] ($54) Medicare [ 1.45% ]

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Answer 2

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