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Question: Compute gross earnings and net pay. Beth Corbin's regular hourly wage rate is $16, and she receives an hourly rate of $24 for work in excess of 40 hours. During a January pay period, Beth works 45 hours. Beth's federal income tax withholding is $95, she has no voluntary deductions, and the FICA tax rate is 7.65%. Compute Beth Corbin's gross earnings and net pay for the pay period.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92579264

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