Harold Sollenberger manages a Dairy Queen drive-in. His straight-time pay is ($ 10) per hour, with time-and-a-half
Question:
Harold Sollenberger manages a Dairy Queen drive-in. His straight-time pay is \(\$ 10\) per hour, with time-and-a-half for hours in excess of 40 per week. Sollenberger's payroll deductions include withheld income tax of \(9 \%\), FICA tax of \(8 \%\), and a weekly deduction of \(\$ 5\) for a charitable contribution to United Fund. Sollenberger worked 50 hours during the week.
Requirements
1. Compute Sollenberger's gross pay and net pay for the week. Carry amounts to the nearest cent.
2. Journalize Dairy Queen's wage expense-including payroll deductions-for Sollenberger's work. An explanation is not required.
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