Mathematics, 19.02.2021 02:20 Chewbacka2020
(Please help quickly)
1. Joe makes an hourly wage of $14.10. For hours worked over 40, he is paid at a rate of $21.15 per hour. Last week, Joe worked 45 hours. (SS 6.2%)(Medicare 1.45%)
a. What is Joe’s gross pay for this pay period?
b. What is Joe’s Social Security deduction?
c. What is Joe’s Medicare tax deduction?
d. Joe’s other deductions are: federal tax $61.12, state tax $21.03, city tax $6.01, retirement insurance $4.12, disability insurance $1.31, medical insurance $13.05, and dental insurance $5.46. What are Joe’s total deductions for this pay period?
e. What is Joe’s net pay for this pay period?
f. If Joe pays the same amount for medical insurance each weekly pay period, what is his annual premium?
g. Does Joe receive time-and-a-half, double-time, or triple-time for each hour of overtime?
Answers: 3
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