Question
Exercise 11-11 a-b (Part Level Submission) Swifty Company has the following data for the weekly payroll ending January 31. Hours Employee M T W T
Exercise 11-11 a-b (Part Level Submission) Swifty Company has the following data for the weekly payroll ending January 31. Hours Employee M T W T F S Hourly Rate Federal Income Tax Withholding Health Insurance L. Helton 8 7 8 7 10 2 $12 $33 $10 R. Kenseth 7 9 8 7 8 5 14 37 26 D. Tavaras 10 10 8 8 9 0 15 55 27 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. Swifty Company is subject to 5.4% state unemployment taxes and 0.8% federal unemployment taxes on the first $7,000 of gross earnings.
Prepare the payroll register for the weekly payroll. (Round answers to 2 decimal places, e.g. 15.25.)
SWIFTY 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 | $ | $ | $ | $ | $ | $ | $ | $ | ||||||||||
R. Kenseth | ||||||||||||||||||
D. Tavaras | ||||||||||||||||||
Totals | $ | $ | $ | $ | $ | $ | $ | $ |
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