Lenny Florita, an unmarried employee, works 52 hours in the week ended January 12.His pay rate is $12 per hour

Lenny Florita, an unmarried employee, works 52 hours in the week ended January 12. His pay rate is $12 per hour, and his wages are subject to no deductions other than FICA Social Security, FICA Medicare, and federal income taxes. He claims three withholding allowances. Compute his regular pay, overtime pay (for this company, workers earn 150% of their regular rate for hours in excess of 40 per week), and gross pay. Then compute his FICA tax deduction (use 6.2% for the Social Security portion and 1.45% for the Medicare portion), income tax deduction (use the wage bracket withholding table from Exhibit 11A.6.), total deductions, and net pay. (Round your intermediate calculations and final answers to 2 decimal places.)

Hours Hourly Rate Regular pay 40selected answer correct $12.00selected answer correct $480.00 Overtime pay 12selected answer correct $18.00selected answer correct 216.00 Gross pay 696.00 FICA - Social Security tax deduction $43.15selected answer correct FICA - Medicare tax deduction 10.09selected answer correct Income tax deduction 62.00selected answer correct Total deductions 115.24 Net pay $580.76selected answer correct