Answer :
To determine the employee's gross pay, we need to account for the total deductions and add them to the net pay. Here is a step-by-step solution:
1. Net Pay: The employee's net pay, as given, is [tex]$596.80. 2. Federal Withholding (FED. WITH.): The federal withholding amount is $[/tex]62.00.
3. Social Security Withholding (SOC. WITH.): The Social Security withholding amount is [tex]$45.06. 4. Medicare Care (MED CARE): The Medicare care amount deducted is $[/tex]10.54.
5. State Withholding (STATE WITH.): The state withholding amount is [tex]$12.40. To find the gross pay, we add these amounts: \[ \text{Gross Pay} = \text{Net Pay} + \text{Federal Withholding} + \text{Social Security Withholding} + \text{Medicare Care} + \text{State Withholding} \] Substituting the given amounts: \[ \text{Gross Pay} = 596.80 + 62.00 + 45.06 + 10.54 + 12.40 \] Calculating the sum: \[ \text{Gross Pay} = 596.80 + 62.00 = 658.80 \] \[ \text{Gross Pay} = 658.80 + 45.06 = 703.86 \] \[ \text{Gross Pay} = 703.86 + 10.54 = 714.40 \] \[ \text{Gross Pay} = 714.40 + 12.40 = 726.80 \] Therefore, the final gross pay is: \[ \text{Gross Pay} = 726.80 \] Among the provided options, the closest choice is: d. $[/tex]726.80
Thus, the best answer is:
D
1. Net Pay: The employee's net pay, as given, is [tex]$596.80. 2. Federal Withholding (FED. WITH.): The federal withholding amount is $[/tex]62.00.
3. Social Security Withholding (SOC. WITH.): The Social Security withholding amount is [tex]$45.06. 4. Medicare Care (MED CARE): The Medicare care amount deducted is $[/tex]10.54.
5. State Withholding (STATE WITH.): The state withholding amount is [tex]$12.40. To find the gross pay, we add these amounts: \[ \text{Gross Pay} = \text{Net Pay} + \text{Federal Withholding} + \text{Social Security Withholding} + \text{Medicare Care} + \text{State Withholding} \] Substituting the given amounts: \[ \text{Gross Pay} = 596.80 + 62.00 + 45.06 + 10.54 + 12.40 \] Calculating the sum: \[ \text{Gross Pay} = 596.80 + 62.00 = 658.80 \] \[ \text{Gross Pay} = 658.80 + 45.06 = 703.86 \] \[ \text{Gross Pay} = 703.86 + 10.54 = 714.40 \] \[ \text{Gross Pay} = 714.40 + 12.40 = 726.80 \] Therefore, the final gross pay is: \[ \text{Gross Pay} = 726.80 \] Among the provided options, the closest choice is: d. $[/tex]726.80
Thus, the best answer is:
D