a-7 and a-8

earnings are subjet and state unemployment wage base limits and not taxes. Please calculate and journalize the total payrollc a. FICA tax rate: OASDI, 6.2%, with a wage base limit of $15 Edgar Co. given the following rates and wage base limits: limit of $117,000,Md care, 1.45% with no wage base limit b. State unemployment tax rate: 5.7% with a wage base c. Federal unemployment tax rate (after credit): 0.6% witmitof $7 e base limit of $7,00 690 with a wage base limit of $7,000 7A-7. At the end of the first quarter of 201X, you are asked to determine FUTA tax liability for Ann Company. The FUTA tax rate is 0.6% first $7,000 each employee earns during the year (assuming 13 wo the first quarter) and each employee earned the samegross weekly pa e s for y pay for all 13 weeks). Employee W. Duncan S. Ivan V. North H. Young Gross Pay Per Week $690 780 560 430 From the following data, estimate the annual premium for workers' compensation insurance: 7A-8. Type of Work Office Repairs Estimated Payroll $32,000 77,000 Rate per $100 $0.22 1.78 t B 1. a. Calculate the total wages earned for each employee assuming an overtime rate of time and a half over 40 hours. Employee Marie Norris Heidi Rodes Hourly Rate No. of Hours Worked 35 13