City Place Movie Theaters has four employees and pays them on an hourly basis. During the week beginning June $24$ and ending June $30,$ 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

Andy Anderson $47$ $ $11\mathrm{.}10$ M $1$ $ $17,470$

Roma Benson $499\mathrm{.}80$ M $416,805$

Frank Cortez $409\mathrm{.}60$ M $115,910$

Winter Wise $519\mathrm{.}10$ S $214,490$

Required:

Enter the basic payroll information for each employee in a payroll register. Record the employee$$s name, number of withholding allowances, marital status, total and overtime hours, and regular hourly rate. Note: 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

Compute the regular, overtime, and gross earnings for each employee. Enter the figures in the payroll register.

Compute the amount of social security tax to be withheld from each employee$$s earnings. Assume a $6\mathrm{.}2$ percent social security rate on the first $$122,700$ earned by the employee during the year. Enter the figures in the payroll register.

Compute the amount of Medicare tax to be withheld from each employee$$s earnings. Assume a $1\mathrm{.}45$ percent Medicare tax rate on all salaries and wages earned by the employee during the year. Enter the figures in the payroll register.

Determine the amount of federal income tax to be withheld from each employee$$s total earnings. Use the tax tables in Figure $10\mathrm{.}2$a & Figure $10\mathrm{.}2$b$.$ Enter the figures in the payroll register.

Compute the net pay of each employee and enter the figures in the payroll register.

Prepare a general journal entry to record the payroll for the week ended June $30.$

Record the general journal entry to summarize payment of the payroll on July $3.$

Analyze:

What are Andy Anderson$$s cumulative earnings on June $30,20$X$1?$Complete this question by entering your answers in the tabs below.

Compute the regular, overtime, gross earnings, social security tax and Medicare tax to be withheld from each employee's earnings. Assume a $6\mathrm{.}2$ percent social sec

earned by the employee during the year. Assume a $1\mathrm{.}45$ percent Medicare tax rate on all salaries and wages earned, by the employee during the year. Determine the

withheld from each employee's total earnings. $($Use the table shown in Figure $10\mathrm{.}2$A & Figure $10\mathrm{.}2$B whichever is applicable$).$ Finally compute the net pay of each

intermediate calculations and final answers to $2$ decimal places.$)$