Do calculations on scrap paper as needed. Worked-out solutions are provided at end.
Calculate the total gross pay for Melvin Moore. Assume time and half for overtime. Melvin earns $8 per hour.
Melvin's hours worked
M
T
W
Th
F
Sat
5
12
8
7
9
14
Based on the following schedule. what is Ron's gross pay? Ron had net saled of $180,000.
Up to $40,000
6%
$40.000-$60,000
7%
Over $60,000
7½%
Assume a 6.20% Social Security rate on $97,500 and a Medicare rate of 1.45%. What will Alice pay in, for Social Security and Medicare for this week's payroll for $1,500? To date, her cumulative earnings before this payroll were $96,300.
From the following information, calculate Pat's net pay. Use the wage bracket table for FIT.
Employee
Status
Claims
Gross pay
FIT
FICA SS/Med
Net pay
Pat Swan
M
2
$930
Lloyd Alex had two employees who earns $500 and $800 a week. Assume a 5.4% FUTA rate. What will Lloyd pay for SUTA and FUTA for the first quarter?