3-5A LO 3 Similar to Example 3-1 on pages 3-10 and 3-11

In 20-- the annual salaries paid each of the officers of Abrew, Inc., follow. The officers are paid semimonthly on the 15th and the last day of the month. Compute the FICA taxes to be withheld from each officer's pay on (a) November 15 and (b) December 31.

• a.

  		November 15
  Name and Title	Annual Salary	OASDI Taxable Earnings	OASDI Tax	HI Taxable Earnings	HI Tax
  Hanks, Timothy, President	$141,600	__________	__________	__________	__________
  Grath, John, VP Finance	119,000	__________	__________	__________	__________
  James, Sally, VP Sales	69,600	__________	__________	__________	__________
  Kimmel, Joan, VP Mfg.	54,000	__________	__________	__________	__________
  Wie, Pam, VP Personnel	51,600	__________	__________	__________	__________
  Grant, Mary, VP Secretary	49,200	__________	__________	__________	__________

• b.

  		December 31
  Name and Title	Annual Salary	OASDI Taxable Earnings	OASDI Tax	HI Taxable Earnings	HI Tax
  Hanks, Timothy, President	$141,600	__________	__________	__________	__________
  Grath, John, VP Finance	119,000	__________	__________	__________	__________
  James, Sally, VP Sales	69,600	__________	__________	__________	__________
  Kimmel, Joan, VP Mfg.	54,000	__________	__________	__________	__________
  Wie, Pam, VP Personnel	51,600	__________	__________	__________	__________
  Grant, Mary, VP Secretary	49,200	__________	__________	__________	__________