Alexander Wilson operates Metroplex Courier and Delivery Service. He has four employees who are paid on an hourly basis. During the workweek beginning December 15 and ending December 21, 2019, his employees worked the number of hours shown ir hounythe December 15-21 payrll Consider any hours worked beyond 40 in the week also appears below, albng a cumulative earnings for the v as overtime hours and overtime pay at one and one-half times their regular hourly rate. Regular Worked Hourly Rate Status $16.70 Marital Withholding Cumulative Earnings $32,860 Hours Employee Gloria Bahamon Allowances 47 4 M ia 53.972 Ron Price 26.90 13.70 S 26,620 Sara Russell 40 Required: 2. Compute the regular, overtime, and gross earnings for each employee. Enter the figures in the payroll register 3. Compute the amount of social security tax security rate on the first $122,700 earned by the employee during the year. Enter the figures in the payroll register 4. Compute the amount of Medicare tax to be withheld from each employee's gross earnings. Assume a 1.45 percent Medicare tax rate on all salaries and wages earned by the employee during the year. Enter the figures in the payroll register 5. Determine the amount of federal income tax to be withheld from each employee's total earnings. Use the tax tables in Figure 10.2a & Figure 10.2b to determine the withhold ing for Russell. Withholdings are $112.00 for Bahamon, $323.00 for Garcia, and $258 for Price.Enter the figures in the payroll register. 6. Compute the net amount due each employee and enter the figures in the payroll register. 7. Total and prove the payroll register. Bahamon and Russell are office workers. Garcia and Price are delivery workers. 8. Prepare a general journal entry to record the payroll for the week ended December 21, 2019 9. Prepare a general journal entry on December 23 to summarize payment of wages for the week. be withheld from each employee's gross earnings. Assume a 6.2 percent social Analyze: What percentage of total taxable wages was delivery wages? Complete this question by entering your answers the tabs below. Payroll Register General Analyze Journal vertime, gross earni and Medicare ta: obe withheld from each Compute 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 10.28 whichever is applicable) to determine the withholding for Russell.Withholdings for Bahamon is $112.00, $323.00 for Garcia, and reqular, social ployee's amings. Assume a 6.2 percent social security first $122,700 earned by the are delivery workers.) (R compute amount du decimal places.) Show less & Payroll Register Week Beginning: December 15 2019 And ending: December 21, 2019 Paid: December 23, 2019 Earnings Taxable wages Distribution Deductions Cumulative earnings Net amount Office wages Overtime Social Social Delivery Gross Income tax Employee Medicare Medicare security earnings earnings security wages earnings Bahamon Alex Garcia Ron Price Sara Russell 0.00 S 0.00 0.00 0.00 S 0.00 $ 0.00 $ 0.00 $ 0.00 0.00 S 0.00 0.00 S 0.00 Payrall Regleter General Journal Alexander Wilson operates Metroplex Courier and Delivery Service. He has four employees who are paid on an hourly basis. During the workweek beginning December 15 and ending December 21, 2019, his employees worked the number of hours shown ir hounythe December 15-21 payrll Consider any hours worked beyond 40 in the week also appears below, albng a cumulative earnings for the v as overtime hours and overtime pay at one and one-half times their regular hourly rate. Regular Worked Hourly Rate Status $16.70 Marital Withholding Cumulative Earnings $32,860 Hours Employee Gloria Bahamon Allowances 47 4 M ia 53.972 Ron Price 26.90 13.70 S 26,620 Sara Russell 40 Required: 2. Compute the regular, overtime, and gross earnings for each employee. Enter the figures in the payroll register 3. Compute the amount of social security tax security rate on the first $122,700 earned by the employee during the year. Enter the figures in the payroll register 4. Compute the amount of Medicare tax to be withheld from each employee's gross earnings. Assume a 1.45 percent Medicare tax rate on all salaries and wages earned by the employee during the year. Enter the figures in the payroll register 5. Determine the amount of federal income tax to be withheld from each employee's total earnings. Use the tax tables in Figure 10.2a & Figure 10.2b to determine the withhold ing for Russell. Withholdings are $112.00 for Bahamon, $323.00 for Garcia, and $258 for Price.Enter the figures in the payroll register. 6. Compute the net amount due each employee and enter the figures in the payroll register. 7. Total and prove the payroll register. Bahamon and Russell are office workers. Garcia and Price are delivery workers. 8. Prepare a general journal entry to record the payroll for the week ended December 21, 2019 9. Prepare a general journal entry on December 23 to summarize payment of wages for the week. be withheld from each employee's gross earnings. Assume a 6.2 percent social Analyze: What percentage of total taxable wages was delivery wages? Complete this question by entering your answers the tabs below. Payroll Register General Analyze Journal vertime, gross earni and Medicare ta: obe withheld from each Compute 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 10.28 whichever is applicable) to determine the withholding for Russell.Withholdings for Bahamon is $112.00, $323.00 for Garcia, and reqular, social ployee's amings. Assume a 6.2 percent social security first $122,700 earned by the are delivery workers.) (R compute amount du decimal places.) Show less & Payroll Register Week Beginning: December 15 2019 And ending: December 21, 2019 Paid: December 23, 2019 Earnings Taxable wages Distribution Deductions Cumulative earnings Net amount Office wages Overtime Social Social Delivery Gross Income tax Employee Medicare Medicare security earnings earnings security wages earnings Bahamon Alex Garcia Ron Price Sara Russell 0.00 S 0.00 0.00 0.00 S 0.00 $ 0.00 $ 0.00 $ 0.00 0.00 S 0.00 0.00 S 0.00 Payrall Regleter General Journal