Unformatted text preview: 317.04 2666.82 Assumptions Summary Overtime rate 1.5 Average Gross Pay $345.35 Withholding tax 28.00% Highest Gross Pay $728.00 Social Securty/Mediare tax 7.65% Lowest Gross Pay $72.00 Prepared By: Keith McGonigle 5/8/2009 Notes: 1. Withholding tax is calculated on the taxable pay 2. Social Security tax is calculated on the employee's gross pay Hourly Wage Overtime Hours Withholding Tax Soc Sec Tax...
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This note was uploaded on 04/27/2008 for the course CPSC 220 taught by Professor Forget during the Spring '08 term at Clemson.
- Spring '08