Problem
Frannie, a bartender paid on a weekly basis, earns $11.50 per hour, is paid 1.5 times the regular rate for all hours worked in excess of 40, and reports her tips to her employer each week but keeps her tips. This week Frannie worked 44 hours and earned $754 in tips. The employer does not take a tip credit.
What is the net pay owed to Frannie by the employer for this week? Assume federal income tax withholding of $55 in addition to FICA tax withholdings.