Respuesta :
The net pay of the employee is $873.77
The net pay is the actual cash paid in the hands of the employees. The gross pay is the expense to the employer, but there are certain deductions to the gross pay like federal taxes, state taxes, social security taxes, etc. After deducting the taxes the net pay is computed.
Gross pay for the week = 40 hours * Hourly rate + Excess hour than 40 * Hourly rate * 1.5 times
Hourly rate = $27
Excess hour than 40 = 6 hours (46 hours - 40 hours),
Gross pay = 40 hours * $27 + 6 hours * $27 * 1.5
Gross pay = $1,323.
The social security tax is 6% to $106,800, where the employee's gross pat has not crossed $106,800 ($99,700 + $1,323 = $101,023). So, 6% will charge against $1,323.
Total deductions = Social security at 6% + Medicare at 1.5% + Federal tax
Total deductions = $1,323 * 6% + $1,323 * 1.5% + $350
Total deductions = $449.225
Net pay = Gross pay - deductions
Net pay = $1,323 - 449.225
Net pay = $873.775
Learn more about taxes:
https://brainly.com/question/16423331
#SPJ4
