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Exercise 11-11 a-b (Part Level Submission) Waterway Company has the following dsta for the weekly payroll ending January 31 Hours Hourly Federal Income Health Employee
Exercise 11-11 a-b (Part Level Submission) Waterway Company has the following dsta for the weekly payroll ending January 31 Hours Hourly Federal Income Health Employee M T WT F S Rate Tax Withholding Insurance L. Helton R. Kenseth 8 7 8414 D. Tavares10 8 8 a 15 97 9 11 2 $12 $34 36 57 $1D 27 Employees are paid 1.5 times the regular hourly rate for all hours worked in excess or 40 hours per week. FICA taxes are 7.65% on the first s127,200 or gross earnings. waterway Company is subject to 5.4% state unempo ment taxes and 0.8% rederal unemployment taxes on the first $7,000 of gross earnings. (a) Prepare the payroll register for the weekly payroll. (Round answers to 2 decimal places, e.g. 15.25.) Payroll Register For the Week Ending January 31 Earnings Gross Pay Net Pay Employee Total Hours L Helton R. Kenseth D. Tavaras Regular Federal Incom Taxes Health I Total Totals
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