An employee receives an hourly rate of $15, with time and a half for all hours worked in excess of 40 during theweek. Payroll data for the current week are as follows: hours worked, 48; federal income tax withheld, $120; socialsecurity tax rate, 6%; and Medicare tax rate, 1.5%; state unemployment compensation tax, 3.4% on the first$7,000; federal unemployment compensation tax, 0.8% on the first

$7,000 . What is the net amount to be paid to theemployee?
a. $568.74
b. $601.50
c. $660.00
d. $574.90


b

Business

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