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1 On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $22,760 of office salaries and $70,840

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1 On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $22,760 of office salaries and $70,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $13.060 of federal income taxes, $1450 of medical insurance deductions, and $940 of union dues. No employee earned more than $7000 in this first period. Required: 1.1 Calculate below the amounts for each of these four taxes of Regis Company. Regis's state unemployment tax rate is 5.4% of the first $7.000 paid to each employee. The federal unemployment tax rate is 06% 1.2 Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and abilities. 2. Prepare the journal entry to record Regis's employer payroll taxes resulting from the January 8 payroll. Regis's state unemployment tax rate is 5.4% of the first $7.000 paid to each employee. The federal unemployment tax rate is 06%. Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Req 2 Calculate below the amounts for each of these four taxes of Regis Company Regis's state unemployment tax rate is 5,4% of the first $7,000 paid to each employee. The federal unemployment tax rate is 0.6% (Round your answers to 2 decimal places) Tax Regis Company's January Bearings Tax Rate subject to tax Tax Amount FICA Social Security FICA Medicare FUTA SUTA Hog18> Save & Et Complete this question by entering your answers in the tabs below. 11 RIA Reg 1B Reg 2 Prepare the journal entry to record Regis Company's January 8 employee payroll expenses and abilities. (Round your answers to 2 decimal places.) View transaction ist Journal entry worksheet

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