The monthly and hourly wage schedule for the employees of Quincy, Inc., follows. No employees are due
Question:
The monthly and hourly wage schedule for the employees of Quincy, Inc., follows. No employees are due overtime pay. Compute the following for the last monthly pay of the year:
a. The total wages of each part-time employee for December 2013.
b. The OASDI and HI taxable wages for each employee.
c. The FICA taxes withheld from each employee's wages for December.
d. Totals of columns.
e. The employer's FICA taxes for themonth.
Transcribed Image Text:
OASDI Tax Total Monthly OASDI Taxable Wages HI Taxable Wages HI Tax Payroll $2,300.00 3,500,00 2,875.00_- Employees Full-Time Office: Hutchings, Jean Florio, Anne Trabert, Judy Williams, Justin Galzano, Jared Sussex, Jude Robinson, Dave Prender, Hank Sorenson, Deb Hutchinson, Wendy 8,000.00 6.300.00 4985.00 5,600.00 5,200.00 Hours Houry Total Rate Worked Monthly Part-Time Office Fox, Mandy Billings, Clara Nau, Kevin Millis, Toby Cummings, Cheryl 180 160 170 142 162 8.25 10.90 9.75 12.10 13.40- Totals Employer's FICA taxes OASDI S HI
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (17 reviews)
Employees Total Monthly Payroll OASDI Taxable Wages HI Taxable Wages OASDI Tax HI Tax FullTime Offi...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
The monthly and hourly wage schedule for the employees of Quirk, Inc., follows. No employees are due overtime pay. Compute the following for the last monthly pay of the year: a. The total wages of...
-
The taxable wages and withheld taxes for Stafford Company (EIN 00-0001462), semiweekly depositor, for the first quarter of 2016 follow. a. Complete Schedule B of Form 941 for the first quarter for...
-
The taxable wages and withheld taxes for Hamilton Company (EIN 00-0001462), semiweekly depositor, for the first quarter of 2017 follow. a. Complete Schedule B of Form 941 on page 3-65 for the first...
-
A disadvantage of many profitsharing remuneration plans is that: Group of answer choices They align shareholders' and managers' objectives. They do not incentivize management to change their...
-
A plastic-manufacturing company owns and operates a polypropylene production facility that converts the propylene from one of its cracking facilities to polypropylene plastics for outside sale. The...
-
For these problems, the table holds various binary values for register $t0. Given the value of $t0, you will be asked to evaluate the outcome of different branches. Suppose that register $t0 contains...
-
Sea Explor manufactures deep-sea diving suits. The company records manufacturing costs by job number and uses a factory overhead applied rate to charge overhead costs to its products. Sea Explor...
-
The following data relate to notes receivable and interest for CGH Cable Co., a cable manufacturer and supplier. (All notes are dated as of the day they are received.) Apr. 10. Received a $144,000,...
-
Which one of the following is part of the design process operations management? Which one of the following is part of the design process
-
Presented below is the Governmental Funds Statement of Revenues, Expenditures, and Changes in Fund Balances for the Trinity Parish Fire District, a special-purpose entity engaged in a single...
-
Haggerty Company pays its salaried employees monthly on the last day of each month. The annual salary payroll for 2013 follows. Compute the following for the payroll of December31: OASDI Tax Annual...
-
Gallagher Company has gathered the information needed to complete its Form 941 for the quarter ended September 30, 2013. Using the information presented below, complete Part 1 of Form 941, reproduced...
-
A vertical trapezoidal gate that is used as an automatic valve is held shut by two springs attached to hinges located along edge AB. Knowing that each spring exerts a couple of magnitude 8.50kN m,...
-
A grasshopper jumps a horizontal distance of 1 . 4 0 m from rest, with an initial velocity at a 4 3 . 0 \ deg angle with respect to the horizontal. ( a ) Find the initial speed of the grasshopper. (...
-
A 3.0-cm-diameter sphere is maintained at 1000C and has an emissivity of 0.6. It is enclosed by another sphere having a diameter of 9.0 cm with an emissivity of 0.3 (inside and outside). Both spheres...
-
What are the molecular mechanisms governing the feedback loops between gonadotropin-releasing hormone, follicle-stimulating hormone, and luteinizing hormone in the hypothalamic-pituitary-gonadal...
-
Freight trains can produce only relatively small accelerations and decelerations. If the train is moving at 7 0 . 9 mph and slows at a rate of 0 . 4 3 m / s ^ 2 , how far in kilometers will it take...
-
How did the Wells Fargo account fraud scandal affect the company financially?
-
What is the difference between ethics and etiquette?
-
Is it a breach of fiduciary duty for a director of a real estate investment trust (REIT) negotiating a joint venture on behalf of the REIT with another director for the development of a portfolio of...
-
Comprehensive Problem. Hazel Patrick owns a building in which she practices dentistry. She also owns substantial amounts of equipment used in her practice. The building cost her \(\$ 100,000\) and...
-
What uses are made of the information shown in the employee's earnings record?
-
What personnel records would you suggest for a small retailer with three employees?
-
What kind of problem can be encountered when requesting references from previous employers of job applicants?
-
2. Les responsabilits du Trsorier Article 38 Le Trsorier doit s'assurer que toutes les sommes perues et reues sont verses sur les comptes bancaires de Fellowship dans le dlais de deux jours ouvrables...
-
Marble Construction estimates that its WACC is 10% if equity comes from retained earnings. However, if the company issues new stock to raise new equity, it estimates that its WACC will rise to 10.6%....
-
If the F-statistic ratio produces a result of _________________, then the variability due to the within group differences and the variability due to the between group differences are the same. a. 0...
Study smarter with the SolutionInn App