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Payroll data for the current week are as follows hours

Question - Thomas Martin receives an hourly wage rate of $20, with time-and-a-half pay for all hours worked in excess of 40 hours during a week. Payroll data for the current week are as follows: hours worked, 43; federal income tax withheld, $366; social security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the gross pay for Martin?

a. $860

b. $1,720

c. $1,290

d. $890

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Accounting Basics: Payroll data for the current week are as follows hours

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Accounting Basics: Payroll data for the current week are as follows hours

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