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An Employee Receives an Hourly Rate of $27, with Time

question 20

Multiple Choice

An employee receives an hourly rate of $27, with time and a half for all hours worked in excess of 40 during a week. Payroll data for the current week are as follows: hours worked, 46; federal income tax withheld, $350; cumulative earnings for year prior to current week, $99,700; social security tax rate, 6.0% on maximum of $100,000; and Medicare tax rate, 1.5% on all earnings. What is the net amount to be paid to the employee?


Definitions:

Working-Class

Refers to the social group consisting of people who are employed for wages, especially in manual or industrial work.

Andrew Johnson

The 17th President of the United States, serving from 1865 to 1869, who succeeded Abraham Lincoln and was the first President to be impeached.

New Southern Class

Refers to a social or economic stratum that emerged in the American South, often in the context of post-Civil War social restructuring and economic development.

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