Example $3-1$

At Vision Club Company, office workers are employed for a $40-$hour workweek and are quoted either a monthly or an annual salary $($as indicated$).$

Given on the form below are the current annual and monthly salary rates for five office workers for the week ended December $13,20--(50$th payday of the year$).$ In addition, with this pay, these employees are paid their sliding$-$scale annual bonuses. The bonuses are listed on the register.

For each worker, compute the following. Round your answers to the nearest cent.

Regular earnings for the weekly payroll ended December $13,20--$

Overtime earnings $($if applicable$)$

Total regular, overtime earnings, and bonus

FICA taxable wages for this pay period

FICA taxes to be withheld for this pay period

VISION CLUB COMPANY

Weekly Payroll for Period Ending December $13,20--$

FICA Taxable Wages

This Pay Period

FICA Taxes

to Be Withheld

Employee Salary Hours

Worked Annual

Bonus Regular

Earnings Overtime

Earnings Total Earnings Cumulative Earnings

as of Last Pay Period OASDI HI OASDI HI

Marx, A$.$ $$101,920/$yr$.40$ $$56,200$ fill in the blank $1$ of $41$$

fill in the blank $2$ of $41$$

$$96,040$ fill in the blank $3$ of $41$$

fill in the blank $4$ of $41$$

fill in the blank $5$ of $41$$

fill in the blank $6$ of $41$$

Boxer, C$.75,920/$yr$.4020,800$ fill in the blank $7$ of $41$

fill in the blank $8$ of $41$

$71,540$ fill in the blank $9$ of $41$

fill in the blank $10$ of $41$

fill in the blank $11$ of $41$

fill in the blank $12$ of $41$

Lundy, R$.5,408/$mo$.4017,200$ fill in the blank $13$ of $41$

fill in the blank $14$ of $41$

$61,152$ fill in the blank $15$ of $41$

fill in the blank $16$ of $41$

fill in the blank $17$ of $41$

fill in the blank $18$ of $41$

Ruth, B$.3,952/$mo$.4014,800$ fill in the blank $19$ of $41$

fill in the blank $20$ of $41$

$44,688$ fill in the blank $21$ of $41$

fill in the blank $22$ of $41$

fill in the blank $23$ of $41$

fill in the blank $24$ of $41$

Gehrig, L$.4,628/$mo$.486,600$ fill in the blank $25$ of $41$

fill in the blank $26$ of $41$$

fill in the blank $27$ of $41$

$52,332$ fill in the blank $28$ of $41$

fill in the blank $29$ of $41$

fill in the blank $30$ of $41$

fill in the blank $31$ of $41$

Totals fill in the blank $32$ of $41$$

fill in the blank $33$ of $41$$

fill in the blank $34$ of $41$$

fill in the blank $35$ of $41$$

fill in the blank $36$ of $41$$

fill in the blank $37$ of $41$$

fill in the blank $38$ of $41$$

fill in the blank $39$ of $41$$

Employer's FICA taxes for week ended December $13,20--$:

fill in the blank $40$ of $41$$

fill in the blank $41$ of $41$$

OASDI HI