Check my work Lenny Florita, an unmarried employee, works 52 hours in the week ended January...

Question

Question

Check my work Lenny Florita, an unmarried employee, works 52 hours in the week ended January 12. His pay rate is $12 per hour

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

As per policy, only one question or four parts of a question is allowed to answer at a time, so answering question 1 here:

Calculation of Gross Pay,deductions and Net Pay
	Hours	Hourly rate	Amount $
Regular pay	40	12	480
Overtime pay	12	18	216
Gross pay			696
FICA- Social security tax deduction		6.20%	43.15
FICA - Medicare tax deduction		1.45%	10.09
Income tax deduction	Marginal Tax rate = 22%		153.12	Calculation Yearly G.Pay=696*52=36192
total deductions			206.36	Marginal Tax rate is 22%
Net Pay			489.64

Add a comment

Answer 2

Similar Homework Help Questions

Lenny Florita, an unmarried employee, works 52 hours in the week ended January 12. His pay...

Lenny Florita, an unmarried employee, works 52 hours in the week ended January 12. His pay rate is $11 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims two withholding allowances. Compute his regular pay, overtime pay (Lenny earns $16.50 per hour for each hour over 40 per week), and gross pay. Then compute his FICA tax deduction (6.2% for the Social Security portion and 1.45% for the Medicare portion),...
Lenny Florita, an unmarried employee, works 50 hours in the week ended January 12. His pay...

Lenny Florita, an unmarried employee, works 50 hours in the week ended January 12. His pay rate is $12 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims four withholding allowances. Compute his regular pay, overtime pay (Lenny earns $18 per hour for each hour over 40 per week), and gross pay. Then compute his FICA tax deduction (6.2% for the Social Security portion and 1,45% for the Medicare portion),...
Lenny Florita, an unmarried employee, works 47 hours in the week ended January 12. His pay rate is $12 pe...

Lenny Florita, an unmarried employee, works 47 hours in the week ended January 12. His pay rate is $12 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims four withholding allowances. Compute his regular pay, overtime pay (Lenny earns $18 per hour for each hour over 40 per week), and gross pay. Then compute his FICA tax deduction (6.2% for the Social Security portion and 1.45% for the Medicare portion),...

Lenny Florita, an unmarried employee, works 46 hours in the week ended January 12. His pay...

Lenny Florita, an unmarried employee, works 46 hours in the week ended January 12. His pay rate is $13 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and withholding allowances. Compute his regular pay, overtime pay (Lenny earns $20 per hour for each hour over 40 per week), and gross pay. Then compute his FICA tax deduction (6.2% for the Social Security portion and 1.45% for the Medicare portion), income tax deduction (use the wage...
Lenny Florita, an unmarried employee, works 47 hours in the week ended January 12. His pay rate is $12 per hour, a...

Lenny Florita, an unmarried employee, works 47 hours in the week ended January 12. His pay rate is $12 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims four withholding allowances. Compute his regular pay, overtime pay (Lenny earns $18 per hour for each hour over 40 per week), and gross pay. Then compute his FICA tax deduction (6.2% for the Social Security portion and 1.45% for the Medicare portion)....
xercise 9-18A Computing gross and net pay LO P5 Lenny Florita, an unmarried employee, works 48 hours in the week ended J...

xercise 9-18A Computing gross and net pay LO P5 Lenny Florita, an unmarried employee, works 48 hours in the week ended January 12. His pay rate is $12 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims four withholding allowances. Compute his regular pay, overtime pay (Lenny earns $18 per hour for each hour over 40 per week), and gross pay. Then compute his FICA tax deduction (6.2% for the...

Lenny Florita, an unmarried employee, works 52 hours in the week ended January 12. His pay rate is $16 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims two withholding allowances. Compute

Lenny Florita, an unmarried employee, works 52 hours in the week ended January 12. His pay rate is $16 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims two withholding allowances. Compute his regular pay, overtime pay (Lenny earns $24 per hour for each hour over 40 per week), and gross pay. Then compute his FICA tax deduction (6.2% for the Social Security portion and 1.45% for the Medicare portion),...
Lenny Florita, an unmarried employee, works 44 hours in the week ended January 12. His pay...

Lenny Florita, an unmarried employee, works 44 hours in the week ended January 12. His pay rate is $14 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims four withholding allowances. Compute his regular pay, overtime pay (Lenny earns $21.00 per hour for each hour over 40 per week), and gross pay. Then compute his FICA tax deduction (6.2% for the Social Security portion and 1.45% for the Medicare portion),...
If the wages are- But less | At least than SINGLE Persons-WEEKLY Payroll Period And the...

If the wages are- But less | At least than SINGLE Persons-WEEKLY Payroll Period And the number of withholding allowances claimed Is- 1 | 2 | 3 4. 7. | The amount of Income tax to be withheld is- 0 | 5 6 8 9 10 $600 610 620 630 640 650 660 670 680 690 $610 620 630 640 650 660 670 680 690 នៗond no No o pond ឧ០០០ co-on d © No Exercise 11-18A Computing gross and...

During the first week of January, an employee works 49 hours. For this company, workers earn...

During the first week of January, an employee works 49 hours. For this company, workers earn 150% of their regular rate for hours in excess of 40 per week. Her pay rate is $20 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 $118,500 earned each calendar year and the FICA tax rate for Medicare is 1.45%...

Check my work Lenny Florita, an unmarried employee, works 52 hours in the week ended January...

Homework Answers

Add Answer to:
Check my work Lenny Florita, an unmarried employee, works 52 hours in the week ended January...

Post as a guest

Earn Coins

Lenny Florita, an unmarried employee, works 52 hours in the week ended January 12. His pay...

Lenny Florita, an unmarried employee, works 50 hours in the week ended January 12. His pay...

Lenny Florita, an unmarried employee, works 47 hours in the week ended January 12. His pay rate is $12 pe...

Lenny Florita, an unmarried employee, works 46 hours in the week ended January 12. His pay...

Lenny Florita, an unmarried employee, works 47 hours in the week ended January 12. His pay rate is $12 per hour, a...

xercise 9-18A Computing gross and net pay LO P5 Lenny Florita, an unmarried employee, works 48 hours in the week ended J...

Lenny Florita, an unmarried employee, works 52 hours in the week ended January 12. His pay rate is $16 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims two withholding allowances. Compute

Lenny Florita, an unmarried employee, works 44 hours in the week ended January 12. His pay...

If the wages are- But less | At least than SINGLE Persons-WEEKLY Payroll Period And the...

During the first week of January, an employee works 49 hours. For this company, workers earn...

Check my work Lenny Florita, an unmarried employee, works 52 hours in the week ended January...

Homework Answers

Add Answer to: Check my work Lenny Florita, an unmarried employee, works 52 hours in the week ended January...

Post as a guest

Earn Coins

Add Answer to:
Check my work Lenny Florita, an unmarried employee, works 52 hours in the week ended January...