chap2_pe4_exppayroll

chap2_pe4_exppayroll - Highest Gross Pay 728 Lowest Gross...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Smithtown Hospital Radiology Department Payroll Name Gross Pay Net Pay Dwyer $8.00 40 8 $416.00 Smith $7.20 40 8 $374.40 Brown $8.00 40 10 $440.00 Look $9.00 35 0 $315.00 Thomas $9.20 40 0 $368.00 Gonzolaz $10.00 40 4 $460.00 Synder $14.00 40 8 $728.00 Franklin $6.35 20 0 $127.00 Kennedy $7.20 38 0 $273.60 Willson $10.00 40 5 $475.00 Johnson $6.35 15 0 $95.25 Schmitz $7.20 10 0 $72.00 Totals $4,144.25 $0.00 $0.00 $0.00 Assumptions Summary Overtime rate 150.00% Average Gross Pay 345.35 Withholding tax 28.00%
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Highest Gross Pay 728 Lowest Gross Pay 72 Prepared by: Your Name Today's Date Notes: 1. Withholding tax is calculated on the taxable pay 2. Social Security tax is calculated on the employee's gross pay Hourly Wage Regular Hours Overtime Hours Withholding Tax Soc Sec Tax Taxable Pay Tax Rate $0 15% $250 22% $300 25% $450 28% $525 31%...
View Full Document

This note was uploaded on 03/23/2010 for the course GEN 101 taught by Professor Sm during the Winter '10 term at University of Utah.

Page1 / 2

chap2_pe4_exppayroll - Highest Gross Pay 728 Lowest Gross...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online