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54 55 Task #4: An analysis of Time Cards for the employees showed the following hours 56 57 Job XY200 Job AP5000 Job QE3000
54 55 Task #4: An analysis of Time Cards for the employees showed the following hours 56 57 Job XY200 Job AP5000 Job QE3000 Job ME2000 58 Line Worker #1 210 180 250 200 per hr $15.00 59 Line Worker #2 100 300 400 $25.00 60 Line Worker #3 300 500 $35.00 61 Factory Supervisor (equal time to 3 Producing Departments) 62 Factory Janitorial Staff 63 Factory Maintenance Staff 64 Administrative 65 $ SSSS 6,000 3,000 5,000 12,000 Assume FICA rates are 6.2% + 1.45% = 7.65% and Employee Income Tax Withholding is at 10% of wages. Assume FUTA 66 and SUTA rates of 4% and 1% respectively on the first $10,000 of wages. 67 Task #4-Record the Journal Entries for wages. Then, record any payroll taxes due. 68 Update the Job Cost Sheets for labor (round to the nearest cent) 69 70
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