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 2 $15 $645.00 $64.50 $49.34 $15 $5 0011 40 8 $15 $780.00 $78.00 $59.67 $15 $0 1101 - - $48,000 $923.08 $138.46 $70.62 $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 2 $15 $645.00 $64.50 $49.34 $15 $5 0011 40 8 $15 $780.00 $78.00 $59.67 $15 $0 1101 - - $48,000 $923.08 $138.46 $70.62 $200 $12 $? round to the nearest cent.

Answer

Explanation:

Step1: Identify relevant deductions

Deductions are FIT, FICA, Health, Dental.

Step2: Calculate total deductions

Total deductions = $64.50 + 49.34+15 + 5=$133.84$

Step3: Calculate net - pay

Net pay = Gross pay - Total deductions. Given gross pay = $645.00$. So net pay = $645.00-133.84=$511.16$

Answer:

$511.16$