City Place Movie Theaters has four employees and pays them on an hourly basis. During the week beginning June 24 and ending June 30, 2019, 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 Hours Worked Employee Andy Anderson Roma Benson Frank Cortez Winter Wise Hourly Marital Withholding Cumulative Rate Status Allowances Earnings $12.70 $17.640 11.50 M 16,975 11.20 16,080 10.70 S 14,660 40 Required: 2. Compute the regular, overtime, and gross earnings for each employee. Enter the figures in the payroll register. 3. Compute the amount of social security tax to be withheld from each employee's earnings. Assume a 6.2 percent social security rate on the first $122,700 earned by the employee during the year. Enter the figures in the payroll register. 4. Compute the amount of Medicare tax to be withheld from each employee's earnings. Assume a 1.45 percent Medicare tax rate on all salaries and wages earned by the employee during the year. Enter the figures in the payroll register. 5. Determine the amount of federal income tax to be withheld from each employee's total earnings. Use the tax tables in Figure 10.2a & Figure 10.2b. Enter the figures in the payroll register. e the net pay of each employee and enter the figures in the payroll register 7. Total and prove the payroll register. 8. Prepare a general journal entry to record the payroll for the week ended June 30, 2019. 9. Record the general journal entry to summarize payment of the payroll on July 3, 2019. Analyze: What are Andy Anderson's cumulative earnings on June 30, 2019? Complete this question by entering your answers in the tabs below. Payroll Register General Journal Analyze 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 $122,700 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 intermediate calculations and final answers to 2 decimal places.) Show less Payroll register Week beginning: June 24, 2019 Earnings And ending: June 30, 2019 Taxable wages Deductions Paid: July 3, 2019 Distribution Employee Regular Overtime earnings Gross amount Cumulative earnings Social security Medicare Social Medicare Income Net amount tax security Wages expense earnings Andy Anderson This is a numeric cell, so please enter numbers only. Roma Benson Frank Cortez Winter Wise $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $0.00 $ 0.00 $ 0.00 Payroll Register General Journal > 9000000000000000000000000000000000000000000000000000000000000000000000 9000000000000000000000000OOOOOOOOOOOOO0000000000000000000000000000000- 800000000000000000000000000000000000000000000000000000000000000 RON SOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO DOAR VON DE QOOOOOOOOOOOOOO 00000000000000000000000000000000000O ON F ORR 00000000000000000000000000000000000000000000" DE CARNN KRNRR The amount of income tax to be withheld is 200000000000000000000000000000000000000- NATO For Wages Paid Through December 2017 And the number of withholding allowances claimed is SINGLE Persons-WEEKLY Payroll Period the wages are 9 DISERARZ RRRRRRRR OOOOOOOOOOOOOO 000000000000000000- 0 0 09 PERRRRRRRRRRRRR 90000 OOOOO OOOOO OOOOO GOOD - MO ENAR RR RR RRC 9088 233 S0000 0000 000 - New N e e NRE RR RR 498 33853 85338 RAMET VOOR *** 20 PRISE 2228 TAS BRASS $9999 $952 35338 33333 SERRE than At least Butless gooOO OOOOO OOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO 9000000000000000000000000000OOOOOOOOOOOOOOOO 00000000000000000000 DEN 900000000000000000000000000000000000000000000000000000000000 0 900000000000000000000000000000000000000000000000000000 0 SOODS BODO GODOH BODOR DODD - - RAZ RRR ARARA for wages Paid Through December 2013 And the number of withholdingowances claimed is MARRIED Persons-WEEKLY Payroll Period 20000 0000000000000000000000000 EN ENO R NARRARA BARR 5399 9000 90 ANNE OR "220 2290 RANA RENA AR 999 99995 2393 35338 SSRRR - But lesso $123 E885 & sobom At least City Place Movie Theaters has four employees and pays them on an hourly basis. During the week beginning June 24 and ending June 30, 2019, 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 Hours Worked Employee Andy Anderson Roma Benson Frank Cortez Winter Wise Hourly Marital Withholding Cumulative Rate Status Allowances Earnings $12.70 $17.640 11.50 M 16,975 11.20 16,080 10.70 S 14,660 40 Required: 2. Compute the regular, overtime, and gross earnings for each employee. Enter the figures in the payroll register. 3. Compute the amount of social security tax to be withheld from each employee's earnings. Assume a 6.2 percent social security rate on the first $122,700 earned by the employee during the year. Enter the figures in the payroll register. 4. Compute the amount of Medicare tax to be withheld from each employee's earnings. Assume a 1.45 percent Medicare tax rate on all salaries and wages earned by the employee during the year. Enter the figures in the payroll register. 5. Determine the amount of federal income tax to be withheld from each employee's total earnings. Use the tax tables in Figure 10.2a & Figure 10.2b. Enter the figures in the payroll register. e the net pay of each employee and enter the figures in the payroll register 7. Total and prove the payroll register. 8. Prepare a general journal entry to record the payroll for the week ended June 30, 2019. 9. Record the general journal entry to summarize payment of the payroll on July 3, 2019. Analyze: What are Andy Anderson's cumulative earnings on June 30, 2019? Complete this question by entering your answers in the tabs below. Payroll Register General Journal Analyze 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 $122,700 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 intermediate calculations and final answers to 2 decimal places.) Show less Payroll register Week beginning: June 24, 2019 Earnings And ending: June 30, 2019 Taxable wages Deductions Paid: July 3, 2019 Distribution Employee Regular Overtime earnings Gross amount Cumulative earnings Social security Medicare Social Medicare Income Net amount tax security Wages expense earnings Andy Anderson This is a numeric cell, so please enter numbers only. Roma Benson Frank Cortez Winter Wise $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $0.00 $ 0.00 $ 0.00 Payroll Register General Journal > 9000000000000000000000000000000000000000000000000000000000000000000000 9000000000000000000000000OOOOOOOOOOOOO0000000000000000000000000000000- 800000000000000000000000000000000000000000000000000000000000000 RON SOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO DOAR VON DE QOOOOOOOOOOOOOO 00000000000000000000000000000000000O ON F ORR 00000000000000000000000000000000000000000000" DE CARNN KRNRR The amount of income tax to be withheld is 200000000000000000000000000000000000000- NATO For Wages Paid Through December 2017 And the number of withholding allowances claimed is SINGLE Persons-WEEKLY Payroll Period the wages are 9 DISERARZ RRRRRRRR OOOOOOOOOOOOOO 000000000000000000- 0 0 09 PERRRRRRRRRRRRR 90000 OOOOO OOOOO OOOOO GOOD - MO ENAR RR RR RRC 9088 233 S0000 0000 000 - New N e e NRE RR RR 498 33853 85338 RAMET VOOR *** 20 PRISE 2228 TAS BRASS $9999 $952 35338 33333 SERRE than At least Butless gooOO OOOOO OOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO 9000000000000000000000000000OOOOOOOOOOOOOOOO 00000000000000000000 DEN 900000000000000000000000000000000000000000000000000000000000 0 900000000000000000000000000000000000000000000000000000 0 SOODS BODO GODOH BODOR DODD - - RAZ RRR ARARA for wages Paid Through December 2013 And the number of withholdingowances claimed is MARRIED Persons-WEEKLY Payroll Period 20000 0000000000000000000000000 EN ENO R NARRARA BARR 5399 9000 90 ANNE OR "220 2290 RANA RENA AR 999 99995 2393 35338 SSRRR - But lesso $123 E885 & sobom At least