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

| Week Ended | Regular | FED. WITH. | SOC. WITH. | MED. CARE | STATE WITH. | NET PAY |
|------------|---------|------------|------------|-----------|-------------|----------|
| 9/10 | [tex]$\$[/tex]750[tex]$ | $[/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] |

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


Sagot :

To determine the employee's gross pay, we need to add all the withholdings to the net pay. Let's outline the steps involved in our calculation process.

1. Identify the amounts withheld from the employee's paycheck:
- Federal Withholding: \[tex]$98.00 - Social Security Care Withholding: \$[/tex]52.88
- Medicare Withholding: \[tex]$12.37 - State Withholding: \$[/tex]22.54

2. Determine the net pay which is after all deductions:
- Net Pay: \[tex]$667.17 3. The gross pay is computed by adding all the withholdings to the net pay. This can be summarized by the equation: \[ \text{Gross Pay} = \text{Net Pay} + \text{Federal Withholding} + \text{Social Security Care Withholding} + \text{Medicare Withholding} + \text{State Withholding} \] 4. Substitute the known values: \[ \text{Gross Pay} = \$[/tex]667.17 + \[tex]$98.00 + \$[/tex]52.88 + \[tex]$12.37 + \$[/tex]22.54
\]

5. Let's add these amounts step by step:
[tex]\[ \$667.17 + \$98.00 = \$765.17 \][/tex]
[tex]\[ \$765.17 + \$52.88 = \$818.05 \][/tex]
[tex]\[ \$818.05 + \$12.37 = \$830.42 \][/tex]
[tex]\[ \$830.42 + \$22.54 = \$852.96 \][/tex]

After performing these additions, the gross pay comes out to be:

[tex]\[ \text{Gross Pay} = \$852.96 \][/tex]

So, the correct answer is:

d. \$852.96