Answer & Explanation:Chapter 6 Project Sally is a shift manager at the Generic Jeans store.Sally earns $9.85 per hour. Overtime pays time-and-a-half, and is paid for anything over 40 hours per week. As an incentive to provide good customer service, she is also paid 10% commission, with a $1000 weekly quota on her personal sales.Because she is a shift manager, she also receives an override commission of 1% (no quota).Here is Sallys hours, sales and returns for one week. M T W Th F S S Hours 7.5 7.75 8 9.25 0 10 0 Sallys Sales $520 $630 $416 $728 $0 $1539 $0 Sallys Returns $23 $40 $51 Dept Sales $1921 $2301 $1799 $2007 $2619 $4391 $3204 Dept Returns $187 $67 $120 $78 $105 $210 $112 Sally would like to know what percentage of her paycheck will be deducted for taxes.Your task it to calculate this percentage, by finding each of the following. You will need Sallys W-4 (for
number of allowances and marital status) and the State and Federal Income Tax Withholdings tables, which are provided. Regular Hourly WagesOvertime Hourly WagesCommission WagesTotal Gross EarningsFICA deduction (Assume 6.2%)Medicare deduction (Assume 1.45%)Federal Income Tax Withholding (using the percentage method)State Income Tax Withholding (using the percentage method)State disability insurance (Assume 1%)Net PayWhat percent of her gross earnings were deducted from her pay check? Your project must: be typed.be well organized.contain all calculations.include explanations of your calculations, where your numbers come from, etc. Use complete sentences and include punctuation. For example: In order to compute Sallys regular hourly wages, I first totaled the number of hours she worked all together. 7.5 + 7.75 + 8 + 9.25 + 10 = 42.5 hours The next step is to find the number of hours she worked of overtime.So, I
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business_math_project_su16.docx