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Exercise 11-11 a-b (Part Level Submission) Waterway Company has the following data 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 data for the weekly payroll ending January 31 Hours Hourly Federal Income Health Employee M T w TF s L. Helton R. Kenseth 8 87 8 84 D. Tavaras 9 10 8 8 9 D Tax Withholding $34 36 57 Insurance $10 27 25 9 7 9 8 11 2$12 14 15 Employees are paid 1.5 times the regular hourty 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. waterway 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.) WATERWAY COMPANY Payroll Register For the Week Ending January 31 Earnings Deductions Employee Total L. Helton R. Kenseth D. Tavaras Total Net Pay Hours Regular Overtime Gross Pay FICA Taxes Federal Income Taxes Health Insurance Totals SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEX
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