calculate the net pay for employee 0010. the overtime rate is time - and - a - half. empl hrs ot rate gross…

calculate the net pay for employee 0010. the overtime rate is time - and - a - half. empl hrs ot rate gross fit fica health dental net 0010 40 5 $12 $570.00 $57.00 $43.61 $15 $5 0011 40 0 $16 $640.00 $64.00 $48.96 $15 $0 1101 - - $78,000 $1,500.00 $300.00 $114.75 $200 $12 $? round to the nearest cent.

calculate the net pay for employee 0010. the overtime rate is time - and - a - half. empl hrs ot rate gross fit fica health dental net 0010 40 5 $12 $570.00 $57.00 $43.61 $15 $5 0011 40 0 $16 $640.00 $64.00 $48.96 $15 $0 1101 - - $78,000 $1,500.00 $300.00 $114.75 $200 $12 $? round to the nearest cent.

Answer

Explanation:

Step1: Identify relevant columns for employee 0010

We focus on gross pay and deductions for 0010.

Step2: Calculate total deductions

Total deductions = FIT + FICA+ Health + Dental = $57.00 + $43.61+ $15 + $5 = $120.61

Step3: Calculate net pay

Net pay = Gross pay - Total deductions = $570.00 - $120.61 = $449.39

Answer:

$449.39