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DIRECTIONS: Complete the following payroll register for employees of Corby Company for the week ended March 1. Taxable earnings should be computed on the basis
DIRECTIONS: Complete the following payroll register for employees of Corby Company for the week ended March 1. 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. PR.04.31AT completes the payroll register through Gross Pay. PR.04.32AT completes this problem to arrive at Net Pay PAYROLL REGISTER FOR WEEK ENDING March 1 TIME RECORD REGULAR EARNINGS RATE EMPLOYEE'S MARITAL NO. STATUS NO. W/H ALLOW. CLAIMED MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY NO. HOURS PER (REGULAR) HOUR AMOUNT 41 S 2 8 7172 8 9 8 512 12.00 32 M 5 8 10 10 9 8172 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 41/2 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
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