Answered

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

\begin{tabular}{|c|c|llll|l|l|}
\hline & Earnings & & & Deductions & \\
\hline Week Ended & Regular & FED. & \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]$\$[/tex] \ldots[tex]$ & $[/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:
A
B
C
D



Answer :

To determine the employee's gross pay, we need to reverse calculate it from the given deductions and net pay.

Here is the breakdown of the deductions and the net pay:

- Federal tax: \[tex]$98.00 - Social Security: \$[/tex]52.88
- Medicare: \[tex]$12.37 - State tax: \$[/tex]22.54
- Net pay: \[tex]$667.17 The gross pay can be calculated by adding the net pay and all the deductions together. So, let's find the gross pay step by step: 1. Start with the net pay: \$[/tex]667.17
2. Add the federal tax: \[tex]$667.17 + \$[/tex]98.00
3. Add the Social Security tax: (result from step 2) + \[tex]$52.88 4. Add the Medicare tax: (result from step 3) + \$[/tex]12.37
5. Add the state tax: (result from step 4) + \[tex]$22.54 Performing these additions: \[ \text{Gross Pay} = 667.17 + 98.00 + 52.88 + 12.37 + 22.54 \] Carrying out the calculation step by step: \[ 667.17 + 98.00 = 765.17 \] \[ 765.17 + 52.88 = 818.05 \] \[ 818.05 + 12.37 = 830.42 \] \[ 830.42 + 22.54 = 852.96 \] Hence, the gross pay is \$[/tex]852.96.

So, the correct answer is:
d. \$852.96