Question

• the gross earnings • group health insurance (assuming 18% of gross earnings) pension deduction (assuming 6% of gross earnings) • total deductions • net pay Earnings Taxes and Deductions Description Rate Hours Current fed tax 57.00 Regular 9.50 40.0 state tax 22.80 SOC sec 26.05 health insr II pension TOTAL DEDUCTIONS NET PAY​

Answer 1

See step-by-step

Explanation:

Gross earnings: 9.50 x 40.0 = 380

Group health insurance: 18% of gross earnings = 380 x 0.18 = 68.40

Pension deduction: 6% of gross earnings = 380 x 0.06 = 22.80

Total deductions: 57.00 + 22.80 + 26.05 + 68.40 + 22.80 = 197.05

Net Pay: 380 - 197.05 = 182.95