putting it all together homework sheet\nperiod \n1. clarice is a plumber. her hourly wage is $13.25 per…

putting it all together homework sheet\nperiod \n1. clarice is a plumber. her hourly wage is $13.25 per hour. she is married, with one allowance, and gets paid on a weekly basis. lets work on her weekly paycheck.\na. find her gross pay for the week that she worked 40 hours.\nb. find the amount she must pay in social security taxes.\nc. find the amount she must pay in medicare taxes.\nd. the amount she has withheld for federal taxes is $23\ne. the amount she has withheld for state taxes is $17.20\nf. what is her net pay?

putting it all together homework sheet\nperiod \n1. clarice is a plumber. her hourly wage is $13.25 per hour. she is married, with one allowance, and gets paid on a weekly basis. lets work on her weekly paycheck.\na. find her gross pay for the week that she worked 40 hours.\nb. find the amount she must pay in social security taxes.\nc. find the amount she must pay in medicare taxes.\nd. the amount she has withheld for federal taxes is $23\ne. the amount she has withheld for state taxes is $17.20\nf. what is her net pay?

Answer

Explanation:

Step1: Calculate gross pay

Gross pay = Hourly wage × Hours worked. So, $13.25\times40 = 530$.

Step2: Calculate Social - Security tax

The Social - Security tax rate is 6.2% of gross pay. So, $530\times0.062= 32.86$.

Step3: Calculate Medicare tax

The Medicare tax rate is 1.45% of gross pay. So, $530\times0.0145 = 7.685$.

Step4: Calculate net pay

Net pay = Gross pay−(Social - Security tax + Medicare tax+Federal tax + State tax). Net pay=$530-(32.86 + 7.685+23+17.20)$ Net pay=$530 - 80.745$ Net pay = $449.255$.

Answer:

a. $530 b. $32.86 c. $7.685 d. Given as $23 e. Given as $17.20 f. $449.255