a-1,a-2

MyAccountingLab Exercises Set A A overtime rate of time and a half over 40 hours. ate the total wages earned for each hourly employee assuming an a. Caleul Employee Paula Anderson Olivia Turner Kellen Gates Hourly Rate $10 13 18 No. of Hours Worked 37 45 b. Calculate the total biweekly earnings of these newly hired salaried employees. John Smith Jane Doe Monthly Salary $4,000 5,000 142. Compute the net pay for each employee using the federal income tax LO1 (20 mi withholding table in Figure 7.2. Assume that FICA OASDI tax is 6.2% on a wage base limit of $117,000, Medicare is 1.45% on all earnings, the payroll is paid biweekly, and no state income tax applies. Employee Xu Daoning William Pierce Status Allowances Cumulative Pay Biweekly Pay Single Single $59,000 61,500 1,650 1,630 From the following information, calculate the payroll tax expense for Driving Company for the payroll of April 9: 7A-3. 03 (20m EmployeeCumulative Earnings Before Weekly Payroll . Barns C. Hart Q. Roberts $3,600 6,600 7,500 Gross Pay for the Week $925 600 330 The FICA tax rate for OASDI is 6.2% on the first $117,000 earned, and Medicare is 1.45% on all earnings. Federal unemployment tax is 0.6% on the first $7,000 earned by each employee. The SUTA tax rate for Driving Company is 5.8% on the first $7,000 of employee earnings for state unemployment purposes