City Place Movie Theaters has four employees and pays them on an hourly basis. During the week beginning June 24 and ending June 30, 2016, these employees worked the hours shown below. Information about hourly rates, marital status, withholding allowances, and cumulative earnings prior to the current pay period also appears below. Consider any hours worked beyond 40 in the week as overtime hours and overtime pay at one and one-half times their regular hourly rate.

Regular Hourly Marital Withholding Cumulative Employee Hours Worked Rate Status Allowances Earnings Nelda Anderson 48 $ 12.60 M 1 $ 17,630 Earl Benson 49 11.40 M 4 16,965 Frank Cortez 40 11.10 M 1 16,070 Winnie Wu 51 10.60 S 2 14,650

2-6. Compute the regular, overtime, gross earnings, social security tax and Medicare tax to be withheld from each employee's earnings. Assume a 6.2 percent social security rate on the first $113,700 earned by the employee during the year. Assume a 1.45 percent Medicare tax rate on all salaries and wages earned by the employee during the year. Determine the amount of federal income tax to be withheld from each employee's total earnings. (Use the table shown in Figure 10.2A & Figure 10.2B whichever is applicable). Finally compute the net pay of each employee. (Round your answers to 2 decimal places.)

Payroll registerWeek beginning: June 24, 2016And ending: June 30, 2016Paid: July 3, 2016EmployeeEarningsCumulative earningsTaxable wagesDeductionsDistributionRegular time earningsOvertime earningsGross amountSocial securityMedicareSocial securityMedicareIncome taxNet amountWages expenseNelda Anderson$

504.00$

151.20$

655.20$

17,630.00$

40.62$

7.31$

40.62$

7.31$

52.00Earl Benson456.00153.90609.9016,965.0028.276.6128.276.616.00Frank Cortez444.000.00444.0016,070.0027.536.4427.536.4423.00Winnie Wu424.00174.90598.9014,650.0026.296.1526.296.1531.00$

1,828.00$

480.00$

2,308.00$

65,315.00$

122.71$

26.51$

122.71$

26.51$

112.00$

0.00$

0.00