A statement of an employee's biweekly earnings is given below.

\begin{tabular}{|c|c|c|c|c|c|c|}
\hline
& Earnings & \multicolumn{5}{|c|}{ Deductions } \\
\hline
Week Ended & Regular & \begin{tabular}{l}
FED. \\
WITH.
\end{tabular} & \begin{tabular}{l}
SOC. \\
WITH.
\end{tabular} & \begin{tabular}{l}
MED \\
CARE.
\end{tabular} & \begin{tabular}{l}
STATE \\
WITH.
\end{tabular} & NET PAY \\
\hline
[tex]$9/10$[/tex] & [tex]$\$[/tex][tex]$ & $[/tex]\[tex]$98.00$[/tex] & [tex]$\$[/tex]52.88[tex]$ & $[/tex]\[tex]$12.37$[/tex] & [tex]$\$[/tex]22.54[tex]$ & $[/tex]\[tex]$667.17$[/tex] \\
\hline
\end{tabular}

What is the employee's gross pay?

A. [tex]$\$[/tex]818.05[tex]$
B. $[/tex]\[tex]$830.42$[/tex]
C. [tex]$\$[/tex]840.59[tex]$
D. $[/tex]\[tex]$852.96$[/tex]

Please select the best answer from the choices provided.



Answer :

To find the employee's gross pay, we need to take into account all the deductions made from their salary and add these to their net pay. Here's a step-by-step breakdown of the calculation:

1. Net Pay:
- This is the amount the employee takes home after all deductions. According to the statement, the net pay is [tex]$667.17. 2. Deductions: - Federal Withholding (FED WITH): $[/tex]98.00
- Social Security Withholding (SOC WITH): [tex]$52.88 - Medicare (MED CARE): $[/tex]12.37
- State Withholding (STATE WITH): [tex]$22.54 3. Calculate Gross Pay: - The gross pay is the sum of the net pay and all the deductions. - \[ \text{Gross Pay} = \text{Net Pay} + \text{Federal Withholding} + \text{Social Security Withholding} + \text{Medicare} + \text{State Withholding} \] - Substituting the given values: - \[ \text{Gross Pay} = 667.17 + 98.00 + 52.88 + 12.37 + 22.54 \] 4. Addition: - Adding these values together: - \(667.17 + 98.00 = 765.17\) - \(765.17 + 52.88 = 818.05\) - \(818.05 + 12.37 = 830.42\) - \(830.42 + 22.54 = 852.96\) So, the employee's gross pay is \$[/tex]852.96.

The correct answer from the choices provided is:
d. [tex]$\$[/tex]852.96$