5.An employee receives an hourly rate of $25, with time and a half for all...

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Accounting

5.An employee receives an hourly rate of $25, with time and a half for all hours worked in excess of 40 during a week. Payroll data for the current week are as follows: hours worked, 45; federal income tax withheld, $350; social security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the net amount to be paid to the employee?

6.

Examples of items deducted to determine an employee's net pay are

a. retirement savings deductions.

b. federal income tax withholding.

c. union dues.

d. All of these choices are correct.

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