Payroll Data
Metropolitan Zoo
Gift Shop Department
Name No. of Dependents Hourly Wage Hours Worked Regular Pay Overtime Pay Gross Pay Taxable Pay Federal Withholding Tax FICA Net Pay
Abram 2 $9.95 48
Acosta 1 $9.55 48
Bordeaux 3 $11.75 50
Higinbotham 1 $11.75 35
Ianziti 1 $10.00 40
Jaussi 1 $9.55 44
Ling 3 $15.75 40
Munoz 2 $12.25 20
Riley 3 $13.35 38
Sabey 2 $10.00 45
Trujillo 1 $9.95 15
Weston 2 $11.75 41
Totals
Assumptions Taxable Pay Tax Rate Summary Statistics # of Hours Gross Pay Net Pay
Base Work Hours 40 $0 15% Average
Overtime rate 1.5 $250 22% Highest
FICA rate 7.65% $300 25% Lowest
Deduct per Depend $ 50.00 $450 28%
$525 31%
Notes Bin Hours # Employees
1. The base workweek is 40 hours. Regular pay is based on hourly wage and hours worked up to 40. 0-19
2. Overtime pay is based on overtime hours, the hourly wage, and the overtime rate. 20-29
3. The gross pay is the total of the regular pay and overtime pay. 30-40
4. The taxable pay is the difference between the gross pay and the product of the number of dependents and deduction per dependent. Over 40
5. Federal withholding tax is calculated on the taxable pay based on the tax table.
6. FICA is calculated on the employee's gross pay.
7. The net pay is based on the gross pay, federal withholding tax, and FICA.