Question

A statement of an employee's biweekly earnings is given below. Earnings Deductions Week Ended Regular FED. SOC. MED STATE WITH. WITH. CARE. WITH. NET PAY 8/18 $_____ $62.00 $45.06 $10.54 $12.40 $596.80 What is the employee's gross pay? a. $703.86 b. $714.40 c. $716.26 d. $726.80

Answer 1

On E2020 it is D $726.80

Explanation:

Answer 2

Employee's gross pay would be $726.80.

Explanation:

In this question employee's Net pay and his every withholding are given. To get his gross pay we simply add all the withholding with his net pay.

Federal withholding = $62.00

Social withholding = $45.06

Medicare withholding = $10.54

State withholding = $12.40

Total Tax withholding = $130.00

Employees Net pay = $596.80

Employees Gross pay = $596.80 + $130.00 = $726.80