Question
Using the following information, prepare the payroll register for the Months of October, November, and December. All employees worked October 1 through December 31 and
Using the following information, prepare the payroll register for the Months of October, November, and December.
All employees worked October 1 through December 31 and are subject to the following FICA taxes: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000.
$118,500 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000.
Additional payroll information includes:
Employee | Monthly salary | Federal income Tax | Health Insurance |
Kacy Jacob | $6,300 | $1,890 | $125 |
Martha Schaefer | 5,100 | 1,020 | 125 |
Sheila Murray | 2,900 | 435 | 125 |
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