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Computing Net Pay Tom Hallinan works for a company that pays its employees 112...

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Accounting

Computing Net Pay
Tom Hallinan works for a company that pays its employees 112 times the regular rate for all hours worked in excess of 40 per week. Hallinan's pay rate is $15 per hour. His wages are subject to deductions for federal income tax, Social Security tax, and Medicare tax. He is married and claims five withholding allowances. Hallinan has a 12-hour lunch break during an 812-hour day. His time card is shown.
\table[[Name,Tom Hallinan,,,,,],[Week Ending,March 30,20-,,,,Hours Worked],[Day,In,Out,In,Out,Regular,Overtime],[M,7:55,12:02,12:32,5:33,8,1],[T,7:59,12:04,12:34,6:05,8,112
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