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

Asked by admin @ in Math viewed by 335 People

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

Answered by admin @


Answer:

Answer is D: $726.80

Step-by-step explanation:

Gross pay is total pay before any deductions so, to get gross pay we will have to add back all the given deductions in Net pay.

Sum of all deductions

Fed With. =   $62.00

Soc With.  = $45.06

Med Care = $10.54

State With. = $12.40

Total         = $130.00

Gross pay = Net pay – Sum of deductions

              = $596.80 - 130.00

              = $726.80


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