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20 April, 15:30

An employee earns $25 per hour and 2 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 48 hours during the week. Assume further that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and federal income tax to be withheld was $239.15.

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  1. 20 April, 16:45
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    The (assumed) answer to this question is $130.85. (Answer inconclusive due to question asked not being stated in the paragraph)
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