An Employee Receives an Hourly Rate of $45, with Time

question 77

Essay

An employee receives an hourly rate of $45, with time and a half for all hours worked in excess of 40 during the week. Payroll data for the current week are as follows: hours worked, 48; federal income tax withheld, $950; social security tax rate, 6.0%; Medicare tax rate, 1.5%; state unemployment compensation tax, 3.4% on the first $7,000; federal unemployment compensation tax, 0.8% on the first $7,000.Calculate the employer's payroll tax expense if:

(a) This is the first payroll of the year and the employee has no cumulative earnings for the year to date.
(b) The employee's cumulative earnings for the year prior to this week equal $6,200.
(c) The employee's cumulative earnings for the year prior to this week equal $118,700.

---

Definitions:

Substantiated

Supported with proof or evidence; verified.

Project Inclusion

A systematic initiative aimed at fostering environments where diversity and inclusivity are prioritized and implemented effectively.

Nonhuman Animal Subjects

Refers to animals other than humans that are used in research to study biological, behavioral, or health-related phenomena.

Explicit Guidelines

Clear and unambiguous rules or instructions that are provided to guide behaviors or procedures.