Lenny Florita, an unmarried employee, works 48 hours in the week ended January 12. His pay rate is $14 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal...

Lenny Florita, an unmarried employee, works 48 hours in the week ended January 12. His pay rate is $14

per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income

taxes. He claims two withholding allowances.

Compute his regular pay, overtime pay (Lenny earns $21 per hour for each hour over 40 per week), and

gross pay. Then compute his FICA tax deduction (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 tax amounts to the nearest cent.