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Exercise 11-11 a-b (Part Level Submission) Sheffield Company has the following data for the weekly payroll ending January 31. Hours M W Hourly Rate F
Exercise 11-11 a-b (Part Level Submission) Sheffield Company has the following data for the weekly payroll ending January 31. Hours M W Hourly Rate F s Health Insurance $12 7 9 Employee L. Helton R. Kenseth D. Tavaras 9 9 8 8 11 7 8 Federal Income Tax Withholding $35 36 56 $12 14 7 5 26 26 10 10 8 0 15 Employees are paid 1.5 times the regular hourly rate for all hours worked in excess of 40 hours per week. FICA taxes are 7.65% on the first $127,200 of gross earnings. Sheffield Company is subject to 5.4% state unemployment taxes and 0.8% federal unemployment taxes on the first $7,000 of gross earnings (a) Your answer is partially correct. Try again. Prepare the payroll register for the weekly payroll. (Round answers to 2 decimal places, e.g. 15.25.) SHEFFIELD COMPANY Payroll Register For the Week Ending January 31 Earnings Deductions Employee Total Hours Regular Overtime Gross Pay FICA Taxes Federal Income Taxes Health Insurance Total Net Pay L. Helton 46 480 108 588 44.98 35 11 90.98 497.02 $ X x x X X R. Kenseth 44 560 84 644 49.27 38 27 114.27 529.73 X D. Tavaras 45 600 112.5 712.5 54.51 59 25 138.51 573.99 Totals 1640 304.5 1944.5 148.76 132 63 343.76 1600.74 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS
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