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Alexander Wilson operates Metroplex Courier and Delivery Service. He has four employees who are paid on an hourly basis. During the work week beginning December

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Alexander Wilson operates Metroplex Courier and Delivery Service. He has four employees who are paid on an hourly basis. During the work week beginning December 15 and ending December 21, 2016, his employees worked the number of hours shown below. Information about their hourly rates, marital status, and withholding allowances also appears below, along with their cumulative earnings for the year prior to the December 15-21 payroll period. Consider any hours worked beyond 40 in the week as overtime hours and overtime pay at one and one-half times their regular hourly rate. Employee Gloria Bahamon Alex Garcia Ron Price Sara Russell Hours Regular Marital Withholding Cumulative Worked Hourly Rate Status Allowances 45 $ 16.50 $32.840 41 28.30 57,280 47 26.70 53.952 40 13.50 26,600 2-6. Compute the regular, overtime, gross earnings, social security tax and Medicare tax to be withheld from each employee's earnings. Assume a 6.2 percent social security rate on the first $113,700 earned by the employee during the year. Assume a 1.45 percent Medicare tax rate on all salaries and wages earned by the employee during the year. Determine the amount of federal income tax to be withheld from each employee's total earnings. (Use the table shown in Figure 10.2A & Figure 10.2B whichever is applicable) to determine the withholding for Russell. Withholdings for Bahamon is $104.00, $299.00 for Garcia, and $242.00 for Price. Finally compute the net amount due of each employee (Bahamon and Russell are office workers. Garcia and Price are delivery workers.) (Round your intermediate calculations and final answers to 2 decimal places.) Check my work and Price are delivery workers) (Round your intermediate calculations and final answers to 2 decimal places.) Payroll Register Week Beginning: December 15, 2016 Paid: December 23, 2016 And ending: December 21, 2016 Taxable wages Deductions Distribution Regulat Cumulative Overtime Income Employee time earnings Medicare Medicare Social security Net amount Office Delivery wageswages earnings earnings Security Gloria Bahamon Alex Garcia Sara Russell $ 0.00 50.00 5 0.00 50.00 50.00 50.00 50.00 5 000 50000 Journal entry worksneer Record the company's payroll to be paid at a later date. Note: Enter debits before credits. Date urnal Debit Credit Dec 21, 2016 Record entry Clear entry View general journal Print References Analyze: What percentage of total taxable wages was delivery wages? (Round your answer to 1 decimal place.) Percentage of delivery wages

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