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  3. rose works at a local college and is paid $14 per

Rose works at a local college and is paid $14 per hour for a 40-hour...

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Accounting

Rose works at a local college and is paid $14 per hour for a 40-hour work week and time-and-a-half for hours above 40.

1. What is Rose's gross pay for working 62 hours in a week? 2. Rose is single, and her income tax withholding is 20% of total pay. What is the estimated income tax withholding? (Round to the nearest cent) 3. BONUS - (Up to 3 points) What amount should be withheld for OASDI? Assume a standard 6.2% for Social Security and 1.45% for Medicare and no caps or additional fee threshold were met. (Round to the nearest cent) 4. BONUS - (Up to 3 points) What is the employer side of OASDI taxes? 5. BONUS - (Up to 8 points) Record the entry to recognize the payroll liabilities for this employee. (Remember Employer and expenses amounts)

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