1-10.17 (LO 3) AP Ahmad Company has the following data for the weekly payroll ended May...

Transcribed Image Text:

1-10.17 (LO 3) AP Ahmad Company has the following data for the weekly payroll ended May 31: Hours Worked Calculate gross pay: prepare payroll register, and record payroll. Hourly Employee M Tu W Th F S Rate CPP Deduction Income Tax Withheld Health Insurance A. Kassam H. Faas G. Labute 9 10 9 8 9 8 10 3 $13 $29.17 $81.25 $10 8 8 8 8 85 14 29.59 83.90 15 9 10 80 15 33.05 98.85 15 Employees are paid 1.5 times the regular hourly rate for all hours worked over 40 hours per week. Ahmad Company must make payments to the workers' compensation plan equal to 2% of the gross pay- roll. In addition, Ahmad matches the employees' health insurance contributions and accrues vacation pay at a rate of 4%. Instructions a. Prepare the payroll register for the weekly payroll. Calculate each employee's El deduction at a rate of 1.66% of gross pay. b. Record the payroll and Ahmad Company's employee benefits. 1-10.17 (LO 3) AP Ahmad Company has the following data for the weekly payroll ended May 31: Hours Worked Calculate gross pay: prepare payroll register, and record payroll. Hourly Employee M Tu W Th F S Rate CPP Deduction Income Tax Withheld Health Insurance A. Kassam H. Faas G. Labute 9 10 9 8 9 8 10 3 $13 $29.17 $81.25 $10 8 8 8 8 85 14 29.59 83.90 15 9 10 80 15 33.05 98.85 15 Employees are paid 1.5 times the regular hourly rate for all hours worked over 40 hours per week. Ahmad Company must make payments to the workers' compensation plan equal to 2% of the gross pay- roll. In addition, Ahmad matches the employees' health insurance contributions and accrues vacation pay at a rate of 4%. Instructions a. Prepare the payroll register for the weekly payroll. Calculate each employee's El deduction at a rate of 1.66% of gross pay. b. Record the payroll and Ahmad Company's employee benefits.