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 0 $14 $560.00 $56.00 $42.84 $15 $5 0011 40 8 $16 $832.00 $83.20 $63.65 $15 $0 1101 - - $60,000 $1,153.85 $230.77 $88.27 $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 0 $14 $560.00 $56.00 $42.84 $15 $5 0011 40 8 $16 $832.00 $83.20 $63.65 $15 $0 1101 - - $60,000 $1,153.85 $230.77 $88.27 $200 $12 $? round to the nearest cent.

Answer

Explanation:

Step1: Identify relevant deductions

Deductions for employee 0010 are FIT ($56.00), FICA ($42.84), Health ($15), and Dental ($5).

Step2: Calculate total deductions

Total deductions = $56.00 + $42.84+ $15 + $5=$118.84$.

Step3: Calculate net - pay

Net pay = Gross pay - Total deductions. Given gross pay = $560.00. So net pay = $560.00 - $118.84 = $441.16$.

Answer:

$441.16$