B.

Total Hours

Regular

Overtime

Gross Pay

FICA Taxes

Federal Income Taxes

Health Insurance

Total

Net Pay

Crane Company has the following data for the weekly payroll ending January 31. Hours M T w T F S Hourly Rate Health Insurance Federal Income Tax Withholding $32 8 7 8 7 10 2 $12 $10 Employee L. Helton R. Kenseth 7 8 7 7 7 4 14 36 25 D. Tavaras 9 10 8 8 8 0 15 54 25 Employees are paid 1.5 times the regular hourly rate for all hours worked in excess of 40 hours per week. FICA taxes are 7.65% on the first $127,200 of gross earnings. Crane Company is subject to 5.4% state unemployment taxes and 0.8% federal unemployment taxes on the first $7,000 of gross earnings. (a) Prepare the payroll register for the weekly payroll. (Round answers to 2 decimal places, e.g. 15.25.) Earnings Employee Total Hours Regular Overtime L. Helton 42 $ $ R. Kenseth 40 D. Tavaras 43 Totals $ $ e Textbook and Media List of Accounts Save for Later Last saved 9 minutes ago. Attempts: unlimited Submit Answer Saved work will be auto-submitted on the due date. (b) Prepare the journal entries to record the payroll and Crane's payroll tax expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 15.25.) Debit Credit Date Account Titles and Explanation Jan. 31 (To record payroll) Jan. 31 (To record payroll tax expense.) e Textbook and Media