Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4-5A HOGAN THRIFT SHOP PAYROLL REGISTER FOR PERIOD ENDING December 19, 2017 6.68 + MARIT DEDUCTIONS AL NO. OF (a) (b) STATU WH TOTAL FICA

image text in transcribed
image text in transcribed
4-5A HOGAN THRIFT SHOP PAYROLL REGISTER FOR PERIOD ENDING December 19, 2017 6.68 + MARIT DEDUCTIONS AL NO. OF (a) (b) STATU WH TOTAL FICA EMPLOYEE NAME SIALLOW EARNINGS OASDI HI FIT John, Matthew M 3 2,272.00 $ 140.86 $32.94 304.13 Smith, Jennifer S 1 275.00 $ 17.05 $ 3.99 15.00 Bullen, Catherine M 0 250.00 $ 15.50 $ 3.63 9.00 Matthews, Mary S 3 320.25$ 19.86 $ 4.64 Hadt, Bonnie S 450.00 $ 27.90 $ 6.53 41.00 Camp, Sean S 2 560.50 $ 34.75 $ 8.13 46.00 Wilson, Helen S 1 475.50 $ 29.48 $ 6.89 44.00 Gleason, Jose M 3 890.00 $ 55.18 $ 12.91 55.60 Totals 5,493.25 $ 340.58 $ 79.65 $ 540.20 $ Compute the employer's FICA taxes for the pay period ending December 19. HI Taxes OASDI Taxes OASDI taxable earnings $ 5,493.25 Hl taxable earnings HI taxes OASDI taxes 1 alco + * Instruc Name: The Names of the employees are listed on the following payroll register. Employees are paid weekly. The marital status and the number of allowances claimed are shown on the payroll register, along with each employee's weekly salary, which remained the same all year Complete the payroll register for the payroll period ending December, 19, the 51st weekly payday. The state income tax rate is 2% of total earnings, the city income tax rate is 1.5% of the gross earnings, and the wage-bracket method is used for the Federal Income taxes Enter the appropriate numbers/Tomulas in the shaded (gray) cells. An asterisk (*) will appear to the right of an incorrect answer. 4-5A HOGAN THRIFT SHOP PAYROLL REGISTER FOR PERIOD ENDING December 19, 20- DEDUCTIONS (b) (0) (d) (0) NET PAY FIT $ 1 MARIT NO. OF AL WH STATU ALLOW TOTAL FICA EMPLOYEE NAME S EARNINGS OASDI HI John, Matthew M 3 2,272.00 $ 140.86 $32.94 Smith, Jennifer S 275.00 $ 17.05 $ 3.99 Bullen, Catherino M 0 250.00 $ 15.50 $ 3.63 Matthews, Mary S 3 320.25 $ 19.86 $ 4.64 Hadt, Bonnie S 1 450.00 $ 27.90 $ 6.53 Camp, Sean S 2 560.50 $ 34.75 $ 8.13 Wilson, Helen S 1 475.50 $ 29.48 $ 6.89 Gleason, Jose M 3 890.00 $ 55.18 $ 12.91 Totals 5,493.25 $ 340.58 $ 79.65 Compute the employer's FICA taxes for the pay period ending December 19, OASDI Taxes HI Taxes 204.13 15.00 9.00 5.00 41.00 46.00 44.00 57.76 $ 540.20 $ $ $ $ $ $ $ $ $ SIT 45.44 5.50 5.00 6.41 9.00 11.21 9.51 17.80 109.87 CIT $ 34.08 $ 4.13 $ 3.75 $ 4.80 $ 6.75 $ 8.41 $ 7.13 $ 13.35 $ 82.40 1,838.14 228.33 212.32 277.86 357.19 449.47 376.04 728.43 4,467.78 $ 4-5A HOGAN THRIFT SHOP PAYROLL REGISTER FOR PERIOD ENDING December 19, 2017 6.68 + MARIT DEDUCTIONS AL NO. OF (a) (b) STATU WH TOTAL FICA EMPLOYEE NAME SIALLOW EARNINGS OASDI HI FIT John, Matthew M 3 2,272.00 $ 140.86 $32.94 304.13 Smith, Jennifer S 1 275.00 $ 17.05 $ 3.99 15.00 Bullen, Catherine M 0 250.00 $ 15.50 $ 3.63 9.00 Matthews, Mary S 3 320.25$ 19.86 $ 4.64 Hadt, Bonnie S 450.00 $ 27.90 $ 6.53 41.00 Camp, Sean S 2 560.50 $ 34.75 $ 8.13 46.00 Wilson, Helen S 1 475.50 $ 29.48 $ 6.89 44.00 Gleason, Jose M 3 890.00 $ 55.18 $ 12.91 55.60 Totals 5,493.25 $ 340.58 $ 79.65 $ 540.20 $ Compute the employer's FICA taxes for the pay period ending December 19. HI Taxes OASDI Taxes OASDI taxable earnings $ 5,493.25 Hl taxable earnings HI taxes OASDI taxes 1 alco + * Instruc Name: The Names of the employees are listed on the following payroll register. Employees are paid weekly. The marital status and the number of allowances claimed are shown on the payroll register, along with each employee's weekly salary, which remained the same all year Complete the payroll register for the payroll period ending December, 19, the 51st weekly payday. The state income tax rate is 2% of total earnings, the city income tax rate is 1.5% of the gross earnings, and the wage-bracket method is used for the Federal Income taxes Enter the appropriate numbers/Tomulas in the shaded (gray) cells. An asterisk (*) will appear to the right of an incorrect answer. 4-5A HOGAN THRIFT SHOP PAYROLL REGISTER FOR PERIOD ENDING December 19, 20- DEDUCTIONS (b) (0) (d) (0) NET PAY FIT $ 1 MARIT NO. OF AL WH STATU ALLOW TOTAL FICA EMPLOYEE NAME S EARNINGS OASDI HI John, Matthew M 3 2,272.00 $ 140.86 $32.94 Smith, Jennifer S 275.00 $ 17.05 $ 3.99 Bullen, Catherino M 0 250.00 $ 15.50 $ 3.63 Matthews, Mary S 3 320.25 $ 19.86 $ 4.64 Hadt, Bonnie S 1 450.00 $ 27.90 $ 6.53 Camp, Sean S 2 560.50 $ 34.75 $ 8.13 Wilson, Helen S 1 475.50 $ 29.48 $ 6.89 Gleason, Jose M 3 890.00 $ 55.18 $ 12.91 Totals 5,493.25 $ 340.58 $ 79.65 Compute the employer's FICA taxes for the pay period ending December 19, OASDI Taxes HI Taxes 204.13 15.00 9.00 5.00 41.00 46.00 44.00 57.76 $ 540.20 $ $ $ $ $ $ $ $ $ SIT 45.44 5.50 5.00 6.41 9.00 11.21 9.51 17.80 109.87 CIT $ 34.08 $ 4.13 $ 3.75 $ 4.80 $ 6.75 $ 8.41 $ 7.13 $ 13.35 $ 82.40 1,838.14 228.33 212.32 277.86 357.19 449.47 376.04 728.43 4,467.78 $

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Investments

Authors: Barbara Davison

1st Edition

0894134272, 978-0894134272

More Books

Students also viewed these Accounting questions

Question

So what disadvantages have you witnessed? (specific)

Answered: 1 week ago