calculate the net pay for employee oo11. the overtime rate is time - and - a - half. empl hrs ot rate gross…

calculate the net pay for employee oo11. 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 oo11. 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 deductions for employee 0011

Deductions = FIT + FICA+ Health + Dental

Step2: Calculate total deductions

Deductions = $78.00 + $59.67+ $15 + $0=$152.67$

Step3: Calculate net - pay

Net pay = Gross pay - Deductions Net pay = $780 - 152.67=$627.33$

Answer:

$627.33$