Mary Givens and Peggy Moser are partners engaged in operating The G&M Doll Shop, which has employed

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Mary Givens and Peggy Moser are partners engaged in operating The G&M Doll Shop, which has employed the following persons since the beginning of the year:
T. Binn (general office worker).................................................... $3,100 per month
W. Ashworth (saleswoman)......................................................... $30,000 per year
K. Bitner (stock clerk)................................................................... $280 per week
J. Vern (deliveryman).................................................................... $350 per week
A. Axel (cleaning and maintenance, part-time)......................... $240 per week
Givens and Moser are each paid a weekly salary allowance of $1,000.
The doll shop is located in a state that requires unemployment compensation contributions of employers of one or more individuals. The company is subject to state contributions at a rate of 3.25% for wages not in excess of $10,000. Compute each of the following amounts based upon the 41st weekly payroll period ending October 12, 2018:
a. Amount of FICA taxcs (OASDI and HI) to be withheld from the carnings of cach person. (Refer to Chapter 3.) OASDI HI M

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Payroll Accounting 2018

ISBN: 978-1337291040

28th edition

Authors: Bernard J. Bieg, Judith Toland

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