Question: Maria Garza's regular hourly wage rate is $12.50, and she receives a wage of 1 1/2 times the regu...

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Question: Maria Garza’s regular hourly wage rate is $12.50, and she receives a wage of 1 1/2 times the regu…
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Show transcribed image text Maria Garza's regular hourly wage rate is $12.50, and she receives a wage of 1 1/2 times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period, Maria worked 47 hours. Her gross earnings prior to the current week were $5/900. Maria is married and claims three withholding allowances. Her only voluntary deduction is for group hospitalization insurance at $25 per week. Compute the following amounts for Maria's wages for the current week. (Round FICA taxes. State income taxes and Net pay answers to 2 decimal places, e.g. 52.55.) (1) Gross earnings. (2) FICA taxes. (Assume a 7.65% rate on maximum of $117,000.) (3) Federal income taxes withheld. (4) State income taxes withheld. (Assume a 2.0% rate.) (5) Net pay.

Maria Garza's regular hourly wage rate is $12.50, and she receives a wage of 1 1/2 times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period, Maria worked 47 hours. Her gross earnings prior to the current week were $5/900. Maria is married and claims three withholding allowances. Her only voluntary deduction is for group hospitalization insurance at $25 per week. Compute the following amounts for Maria's wages for the current week. (Round FICA taxes. State income taxes and Net pay answers to 2 decimal places, e.g. 52.55.) (1) Gross earnings. (2) FICA taxes. (Assume a 7.65% rate on maximum of $117,000.) (3) Federal income taxes withheld. (4) State income taxes withheld. (Assume a 2.0% rate.) (5) Net pay.

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