Assume that the payroll records of Klein Oil Company provided the following information for
the weekly payroll ended November 30, 2017.
Employee			Hours Worked	Hourly Pay Rate	Federal Income Tax	Union Dues	YTD Earnings thru previous week
T. King			44	$55	$442	$9	$118,000
T. Binion			46	$15	$97	$5	$23,200
N, Cole			40	$25	$148		$5,700
C. Hennesey			42	$30	$230	$7	$49,500
Additional information: All employees are paid overtime at time and a half for hours worked
in excess of 40 per week. The FICA Social Security tax rate is 6.2% for the first $117,000 of each
employee's annual earnings. The FICA Medicare tax rate is 1.45% of each employee's annual
earnings without limit. The employer pays unemployment taxes of 6.2% (5.4% for state and
.8% for federal) on the first $7,000 of each employee's annual earnings.
Instructions:
a) Prepare the payroll register for the pay period.
b) Prepare general journal entries to record the payroll, payment of net pay, and employer payroll taxes.