es are represents $100 P13.3 (L01) (Payroll Tax Entries) Cedarville Company pays its office employee payroll weekly. Below is a partial list of emplovees and their payroll data for August. Because August is their vacation period, vacation pay is also listed. Earnings to Weekly Vacation Pay to Be Employee July 31 Pay Received in August Mark Hamill $4,200 $200 Karen Robbins 3,500 150 Brent Kirk 2 ,700 110 220 Alec Guinness 7,400 Ken Sprouse 8,000 me that the federal income tax withheld is 10% of wages, Union dues withheld are 2% of wages. Vacations are taken the and third weeks of August by Robbins, Kirk, and Sprouse. The state unemployment tax rate is 2.5% and the federalis 0.8% U maximum. The FICA rate is 7.65% on employee and employer on a maximum of $118,500 per employee. In ad- rate is charged both employer and employee for an employee's wages in excess of $118.500. 250 both on a $7,000 maxim dition, a 1.45% rate isch Instructions Make the journalen teemade separately. Als have no effect on the 13.A mal entries necessary for each of the four August payrolls. The entries for the payroll and for the company liability arately. Also make the entry to record the monthly payment of accrued payroll liabilities. e a navroll sheet for Otis Import Company for the month of Sep- . w mployment tax rate