(Solution) - In the following summary of data for a payroll period 76461 -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

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In the following summary of data for a payroll period, some amounts have been intentionally omitted:
Earnings:
1. At regular rate........ ?
2. At overtime rate....... $ 60,000
3. Total earnings....... ?
Deductions:
4. FICA tax.......... 29,200
5. Income tax withheld.... 99,600
6. Medical insurance..... 14,000
7. Union dues.......... ?
8. Total deductions....... 147,800
9. Net amount paid....... 252,200
Accounts increased:
10. Factory Wages....... 210,000
11. Sales Salaries...... ?
12. Office Salaries....... 80,000
Calculate the amounts omitted in lines (1), (3), (7), and (11).