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City Company had the following partially completed payroll register: (Click the icon to view the partial payroll register.) Read the requirements. (Click the icon
City Company had the following partially completed payroll register: (Click the icon to view the partial payroll register.) Read the requirements. (Click the icon to view payroll tax rate information.) Requirement 1. Complete the payroll register. Round to two decimals. (Round all amounts to the nearest cent. Abbreviations used: Beg. Beginning; Cum. Cumulative; Eam. = Earnings; Exp. = Expense; Med. = Medicare; Ins. = Insurance; With. Withholdings; Chk Check.) Earnings Withholdings Salaries More info Beg. Current Ending and Cum. Period Cum. Earn. Earn. $ 84,000 $4,500 $88,500 $279.00 $ Income Health United Total Net Chk Wages Earn. OASDI Med. Tax Ins. Way With. Pay No. Exp. For all payroll calculations, use the following tax rates and round amounts to the nearest cent: 65.25 $ 990 $ 90 $ 131,000 5,000 136,000 310.00 72.50 1,850 100 25 45 $1,469.25 $ 3,030.75 2,357.50 801 $ 4,500 2,642.50 802 5,000 60,000 60,000 2,300 62,300 142.60 33.35 506 46 585.35 1,714.65 803 2,300 Employer: 4,100 64,100 254.20 59.45 1,517 82 15 1,927,65 2,172.35 804 Employee: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45% up to $200,000, 2.35% on eamings above $200,000. OASDI: 6.2% on first $132,900 eamed; Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. 4,100 0 3,500 3,500 $335,000 $ 19,400 $354,400 217.00 50.75 1,295 70 0 1,632.75 1,867.25 805 3,500 1,203 $281.30 $ 6,158 $ 388 S 85 12,972.60 8,427.40 $ 19,400 Print Done
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