Question
DIRECTIONS: Complete the following payroll register for employees of Corby Company for the week ended March 3. Taxable earnings should be computed on the basis
DIRECTIONS: Complete the following payroll register for employees of Corby Company for the week ended March 3. Taxable earnings should be computed on the basis of a 40-hour week with overtime earnings being paid at time and one-half for all hours over 40 each workweek (no overtime for salaried employees).
Note: Carry each overtime hourly rate out to 3 decimal places and then round off to 2 decimal places.
All employees' wages are subject to the OASDI tax of 6.2% and the HI tax of 1.45%. The supplemental HI rate of 0.9% is not applicable.
Click here to access the Left Side of Payroll Register Table
PAYROLL REGISTER | |||||||||||
FOR WEEK ENDING | March 3 | ||||||||||
TIME RECORD | REGULAR EARNINGS | ||||||||||
EMPLOYEE'S NO. | MARITAL STATUS | NO. W/H ALLOW. CLAIMED | MONDAY | TUESDAY | WEDNESDAY | THURSDAY | FRIDAY | SATURDAY | NO. HOURS (REGULAR) | RATE PER HOUR | AMOUNT |
41 | S | 2 | 8 | 7 | 8 | 9 | 8 | 5 | 12.00 | $ | |
32 | M | 5 | 8 | 10 | 10 | 9 | 8 | 4 | 40 | S | 1,600.00 |
63 | M | 0 | 8 | 8 | 8 | 8 | 8 | ... | 13.00 | ||
54 | S | 1 | 9 | 8 | 10 | 8 | 8 | 4 | 12.00 | ||
45 | M | 2 | 10 | 8 | 8 | 9 | 8 | 4 | 12.50 | ||
16 | S | 0 | 8 | 9 | 10 | 9 | 8 | 4 | 12.75 | ||
7 | S | 1 | 5 | 6 | 8 | 8 | 8 | 4 | 12.00 | ||
28 | M | 3 | 8 | 8 | 8 | 8 | 8 | ... | 12.00 | ||
49 | M | 0 | 8 | 9 | 8 | 8 | 9 | 6 | 12.00 | ||
10 | S | 1 | 8 | 8 | 0 | 9 | 10 | 5 | 40 | S | 1,450.00 |
TOTALS....................................................................................... | $ |
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