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Calculate the gross earnings of the following employees of Tyrone Trucking Corporation for the week ended July 31. This firm is subject to the
Calculate the gross earnings of the following employees of Tyrone Trucking Corporation for the week ended July 31. This firm is subject to the Fair Labor Standards Act (4 points) Name Carolyn Rice Beth White B.J. Smith Sandra Jones Hours Worked 43 40 37 46 Employee Chris Henry Mike Stafford John Thomas Brad Green Hourly Rate Overtime Rate Gross Earnings $10.20 $8.50 $ 9.75 $ 9.60 Calculate the FICA taxes to be withheld for the current period for each of the following employees of Thomas and Associates. Assume that the OASDI rate is 6.2% of the first $118,500 earned per year and the HI rate is 1.45% of all earnings. (8 points) Cumulative Earnings Prior to Current Period 98,000 87,000 90,000 45,000 Gross Earnings Current Period 1.5 1.5 1.5 1.5 3,750 1,300 2,000 650.00 FICA Taxes OASDI HI
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