calculate the net pay for employee 0011. the overtime rate is time - and - a - half. round to the nearest…

calculate the net pay for employee 0011. the overtime rate is time - and - a - half. round to the nearest cent.

calculate the net pay for employee 0011. the overtime rate is time - and - a - half. round to the nearest cent.

Answer

Explanation:

Step1: Identify deductions

Deductions = FIT + FICA + Health + Dental.

Step2: Calculate deductions for employee 0011

FIT = $83.20$, FICA = $63.65$, Health = $15$, Dental = $0$. Deductions = $83.20+63.65 + 15+0$. [ \begin{align*} &83.20+63.65+15+0\ =&146.85 + 15\ =&161.85 \end{align*} ]

Step3: Calculate net pay

Net pay = Gross - Deductions. Gross = $832.00$, Deductions = $161.85$. Net pay = $832.00-161.85$. [832.00 - 161.85=670.15]

Answer:

$670.15$