Continuing Payroll Project: Prevosti Farms and Sugarhouse - EERF (Static)

Prevosti Farms and Sugarhouse pays its employees according to their job classification. The following employees make up Sugarhouse's staff:

Employee Number	Name and Address	Payroll information
A-Mille	Thomas Millen	Hire Date: 2-1-2019
	1022 Forest School Rd	DOB: 12-16-1982
	Woodstock, VT 05001	Position: Production Manager
	802-478-5055	PT/FT: FT, exempt
	SSN: 031-11-3456	No. of Exemptions: 4
	401(k) deduction: 3%	M/S: M
		Pay Rate: $35,000/year
A-Towle	Avery Towle	Hire Date: 2-1-2019
	4011 Route 100	DOB: 7-14-1991
	Plymouth, VT 05102	Position: Production Worker
	802-967-5873	PT/FT: FT, nonexempt
	SSN: 089-74-0974	No. of Exemptions: 1
	401(k) deduction: 5%	M/S: S
		Pay Rate: $12.00/hour
A-Long	Charlie Long	Hire Date: 2-1-2019
	242 Benedict Road	DOB: 3-16-1987
	S. Woodstock, VT 05002	Position: Production Worker
	802-429-3846	PT/FT: FT, nonexempt
	SSN: 056-23-4593	No. of Exemptions: 2
	401(k) deduction: 2%	M/S: M
		Pay Rate: $12.50/hour
B-Shang	Mary Shangraw	Hire Date: 2-1-2019
	1901 Main Street #2	DOB: 8-20-1994
	Bridgewater, VT 05520	Position: Administrative Assistant
	802-575-5423	PT/FT: PT, nonexempt
	SSN: 075-28-8945	No. of Exemptions: 1
	401(k) deduction: 3%	M/S: S
		Pay Rate: $11.00/hour
B-Lewis	Kristen Lewis	Hire Date: 2-1-2019
	840 Daily Hollow Road	DOB: 4-6-1960
	Bridgewater, VT 05523	Position: Office Manager
	802-390-5572	PT/FT: FT, exempt
	SSN: 076-39-5673	No. of Exemptions: 3
	401(k) deduction: 4%	M/S: M
		Pay Rate: $32,000/year
B-Schwa	Joel Schwartz	Hire Date: 2-1-2019
	55 Maple Farm Way	DOB: 5-23-1985
	Woodstock, VT 05534	Position: Sales
	802-463-9985	PT/FT: FT, exempt
	SSN: 021-34-9876	No. of Exemptions: 2
	401(k) deduction: 5%	M/S: M
		Pay Rate: $24,000/year base plus 3% Commission on Sales
B-Prevo	Toni Prevosti	Hire Date: 2-1-2019
	10520 Cox Hill Road	DOB: 9-18-1967
	Bridgewater, VT 05521	Position: Owner/President
	802-673-2636	PT/FT: FT, exempt
	SSN: 055-22-0443	No. of Exemptions: 5
	401(k) deduction: 6%	M/S: M
		Pay Rate: $45,000/year
B-Student	Student Success	Hire Date: 2-1-2019
	1644 Smitten Road	DOB: 1-1-1991
	Woodstock, VT 05001	Position: Accounting clerk
	(555)-555-5555	PT/FT: FT, nonexempt
	SSN: 555-55-5555	No. of Exemptions: 2
	401(k) deduction: 2%	M/S: S
		Pay Rate: $18.68/hour

The departments are as follows:

Department A: Agricultural Workers

Department B: Office Workers

Initial pre-tax deductions for each employee are as follows:

Name	Deduction
Thomas Millen	Insurance: $155/paycheck
	401(k): 3% of gross pay
	Marital Status: Married
Avery Towle	Insurance: $100/paycheck
	401(k): 5% of gross pay
	Marital Status: Single
Charlie Long	Insurance: $155/paycheck
	401(k): 2% of gross pay
	Marital Status: Married
Mary Shangraw	Insurance: $100/paycheck
	401(k): 3% of gross pay
	Marital Status: Single
Kristen Lewis	Insurance: $155/paycheck
	401(k): 4% of gross pay
	Marital Status: Married
Joel Schwartz	Insurance: $100/paycheck
	401(k): 5% of gross pay
	Marital Status: Married
Toni Prevosti	Insurance: $155/paycheck
	401(k): 6% of gross pay
	Marital Status: Married
Student Success	Insurance: $100/paycheck
	401(k): 2% of gross pay
	Marital Status: Single

The first day of work for Prevosti Farms and Sugarhouse for all employees is February 4, 2019. February 8 is the end of the first pay period for Prevosti Farms and Sugarhouse and includes work completed during the week of February 4-8. Using the payroll register, compute the employee gross pay and net pay using 35 hours as the standard workweek for all employees except Mary Shangraw, who works 20 hours per week and receives overtime for any time worked past that point. The other hourly employees receive overtime pay when they work more than 35 hours in one week. Joel Schwartz has made $5,000 in case sales at a 3 percent commission rate during this pay period. Remember that the employees are paid biweekly. Note that the first pay period comprises only one week of work, but the pay frequency for federal income tax purposes is biweekly. Federal withholding tax should be computed using the wage-bracket tables in Appendix C. State withholding tax for Vermont is computed at 3.35 percent of taxable wages (i.e., gross pay less pre-tax deductions).The same deductions are allowed for state as for federal.

February 22, 2019, is the end of the final pay period for the month. Schwartz has sold $7,500 of product during this pay period at a 3 percent commission. Pay will be disbursed on February 27, 2019, and check numbers will continue from prior payroll.

The hours for the nonexempt employees are as follows:

Name	Hourly rate			Hours worked 2/42/8
Towle	$	12.00000			35 hours
Long	$	12.50000			40 hours
Shangraw	$	11.00000			21 hours
Success (You)	$	18.68132			35 hours

Name	Hourly rate			Hours worked 2/11-2/22
Towle	$	12.00000			80 hours
Long	$	12.50000			70 hours
Shangraw	$	11.00000			42 hours
Success (You)	$	18.68132			71 hours

Required: Complete the payroll register for this pay period and update the Employee Earnings Record form for each employee with the corresponding information. The amount per period should be included in the record. As an example, if an employee elected to contribute $1,300 to his or her FSA, the period payroll deduction would be $1,300/26, or $50. Ensure to input an hourly rate for each employee (including those that are salaried) that is rounded to 5 decimal places.

Benefit-related payroll deductions will take effect on the first pay period of March.

Employee	Flex-Time	Child Care Assistance (under $5,000 annually)	FSA (annual)		Educational Assistance ($4,000 annually)	Life Insurance (at 1% of annual salary value)	Long-Term Care Insurance ($15 per period)	Gym Membership ($15 per month)
Millen	Yes	Yes	$	500.00	No	Yes	No	Yes
Towle	No	No	$	1,200.00	Yes	No	No	Yes
Long	Yes	Yes	$	700.00	Yes	Yes	No	Yes
Shangraw	Yes	No	$	200.00	No	Yes	No	No
Lewis	No	No	$	1,600.00	No	Yes	Yes	No
Schwartz	No	No	$	450.00	Yes	Yes	No	Yes
Prevosti	Yes	No	$	900.00	No	Yes	No	Yes
Student	No	No	$	300.00	Yes	No	No	Yes

Re Check Date 2/27/2019 Name M/S # of W/H No. of Regular Hours No. of Overtime Hours No. of Holiday Hours Thomas Millen Avery Towle Charlie Long Mary Shangraw Kristen Lewis Joel Schwartz Toni Prevosti Student Success Totals So M S S 4 1 2 1 3 2 5 2 Hourly Rate or Period wage 1,346.15384 12.00000 12.50000 11.00000 1,230.76924 923.07692 1,730.76924 18.68132 70 70 70 40 70 70 70 70 0 10 0 2 0 0 0 0 0 0 0 0 Commissions Gross 401(k) Earnings 0.00 $ 1,346.15$ 0.00 $ 1,020.00 $ 0.00 $ 875.00 $ 0.00 $ 473.00 $ 0.00 $ 1,230.77 $ 225.00 $ 1,148.07 $ 0.00 $ 1,730.77 $ 0.00 $ 1,335.71$ $ 9.159.47 $ Taxable Taxable Section 125 Wages for Wages for Federal W/H FICA 40.38 $ 155.00 $ 1,150.77 $ 1,191.15 51.00 $ 100.00 $ 869.00 $ 920.00 17.50 $ 155.00 $ 702.50 $ 720.00 14.20 $ 100.00 $ 358.80 $ 373.00 49.23 $ 155.00 $ 1,026.54 $ 1,075.77 57.40 $ 100.00 $ 990.68 $ 1,048.08 103.85$ 155.00 $ 1,471.92 $ 1,575.77 26.71 $ 100.00 $ 1,209.00 $ 1,235.71 360.27 $ 1.020.00 $ 7.779.21 $ 8.139.48 0 0 0 1$ Name Federal W/H Tax Social Security Tax Medicare W/H Tax State W/H Tax Total Deductions Net Pay Check No. Thomas Millen $ Gross Earnings |$ 1,346.15 $ 1.020.00 $ 875.00 $ 473.00 $ 1,230.77 $ 1,148.07 $ 1,730.77 $ 1,335.71 $ 9.159.47 Taxable Wages for Federal W/H $ 1,150.77 869.00 702.50 358.80 $ 1,026.54 $ 990.68 $ 1,471.92 $ 1.209.00 7.779.21 Avery Towle Charlie Long Mary Shangraw Kristen Lewis Joel Schwartz Toni Prevosti Student Success Totals Taxable Wages for FICA |$ 1,191.15 $ 920.00 $ 720.00 $ 373.00 1$ 1,075.77 $ 1,048.08 $ 1,575.77 |$ 1.235.71 1$ 8.139.48 $ 5.00$ 61.00 $ 0.00 $ 5.00 $ 10.00 22.00$ 21.00 $ 83.00 $ 207.00 73.85$ 57.04 $ 44.64 $ 23.12$ 66.70 $ 64.98$ 97.70$ 76.61$ 504.64 1$ 17.27$ 13.34 $ 10.44 $ 5.40$ 15.60 $ 15.20 $ 22.84$ 17.92 $ 118.01 6636 6637 6638 6639 6640 42.00 X 30.85 X 24.94 X 12.00 36.44 % 35.17 X 52.25 X 42.92 X 276.57 $ 6641 $ $ 6642 6643 $ $ 0.00 6,672.98 Nonexempt S City/State/Zip Telephone Social Security Number Position Plymouth/VT/05102 802-967-5873 089-74-0974 Production Worker FSA Educ. amount Assist $1,200.00 Yes Exempt/Nonexempt Married/Single (M or S) Number of exemptions Pay Rate 1 $12.00/hour Flex-time Child Care Life Ins Long-tem care Gym No No No No Yes Period Ended O.T. Pay Holiday Commissions Gross Pay 401(k) Sec 125 Taxable Pay (Federal) Taxable Pay (FICA) Pay Total Hours Worked (Reg. + Reg. Pay O.T.) 35$ 420.00 $ 80$ 840.00 $ IS 2/8/2019 2/22/2019 0.00 $ 180.000 0.00$ 10 0.00 $ $ 420.00 1,020.00 21.00$ 51.00 $ 100.00 $ 100.00 $ 299.00 $ 869.00 $ 320.00 920.00 1$ Period Ended Benefits Election Taxable Pay (Federal) $ 299.00 869.00 Taxable Pay (FICA) $ 320.00 $ 920.00 Federal Social State Income Total YTD Net YTD Gross Income Security Medicare Net Pay Tax Deductions Pay Pay Tax Tax $ 0.00 $ 19.84 $ 4.64 $ 10.02 $ 155.50 $ 264.50 $ 264.50 $ 420.00 61.00$ 57.04 $ 13.34 840.00 % 2/8/2019 2/22/2019 | | | | 3/8/2019 3/22/2019 4/5/2019 4/19/2019 24.48 X 70.38 X 24.48 % 70.38 %