As you learned in the previous chapter, Kipley Company is a small manufacturing firm located in Pittsburgh, Pennsylvania. The company has a workforce of both hourly and salaried employees. In the last chapter, gross wages were computed for each employee. Adjacent to their name, each employee's gross wages are shown in the Payroll Register.

The next task is computing the FICA withholding for each employee and the employer's liability.

Requirements:

1. Compute the OASDI for each employee.
2. Compute the HI for each employee.
3. On the Employer Register, compute the employer FICA liability.

Payroll Register

Complete the steps below:

1. Compute the OASDI for each employee.
2. Compute the HI for each employee.
3. Compute the totals for each tax.

Note: Round your final answers to the nearest cent.

Carson, F.	$700.00	$	$
Wilson, W.	897.04
Utley, H.	678.75
Fife, L.	877.10
Smith, L.	790.00
Fay, G.	539.15
Robey, G.	623.08
Schork, T.	773.08
Hardy, B.	666.11
Kipley, C.	1,000.00
Totals		$	$

Employer Register

Complete the step below:

1. Enter the earnings upon which the employer liability will be computed.
2. Compute the employer FICA liability.

Note: Round your final answers to the nearest cent.

KIPLEY COMPANY, INC. Employer Register Payroll Taxes
	Earnings	OASDI	HI	FUTA	SUTA
Totals	$	$	$