Complete the FWT and SWT columns of the payroll register for TCLH Industries. Note that although the Voluntary Withholdings column will require additional updating in subsequent chapters, you should populate this column with any appropriate figures given.

1. Zachary Fox does not make any voluntary deductions that impact earnings subject to federal income tax withholding. He is married, claims four withholding allowances for both federal and state, and his weekly gross pay was $1,162.
2. Calvin Bell makes a 401(k) retirement plan contribution of 6% of gross pay. He is single, claims two federal withholding allowances and one state withholding allowance, and his weekly gross pay was $417.93.
3. Don Beldon (SSN 987-65-4321) lives at 5122 Claiborne Street, Tempe, AZ 85281, is single, and claims three federal and two state withholding allowances. He earns $7.50/hour, and worked 43 hours during the most recent week.
4. Michael Sierra contributes $50 to a flexible spending account each period. He is married, claims four federal withholding allowances and three state withholding allowances, and his weekly gross pay was $2,450.

Notes:

• For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

Payroll Register

Pay Period

Pay Date

Earnings

Deductions

Employee Name

Regular Hours

Regular Rate

Regular Earnings

Overtime Hours

Overtime Rate

Overtime Earnings

Total Earnings

FWT

SWT

Social Security

Medicare

Vol. With.

Check Number

Net Pay

Totals: