February 23, 2018, is the end of the final pay period for the month. Schwartz has sold $7,500 of product during this pay period at a 3 percent commission. Pay will be disbursed on February 26, 2018, and check numbers will continue from prior payroll.
The hours for the nonexempt employees are as follows:
Name | Hourly rate | Hours worked 2/52/9 |
Towle | $ | 12.00000 | | | 35 hours | |
Long | $ | 12.50000 | | | 40 hours | |
Shangraw | $ | 10.50000 | | | 21 hours | |
Success (You) | $ | 18.68132 | | | 35 hours | |
Name | Hourly rate | Hours worked 2/12-2/23 |
Towle | $ | 12.00000 | | | 80 hours | |
Long | $ | 12.50000 | | | 70 hours | |
Shangraw | $ | 10.50000 | | | 42 hours | |
Success (You) | $ | 18.68132 | | | 71 hours | |
Required: Complete the payroll register for this pay period and update the Employee Earnings Record form for each employee with the corresponding information. The amount per period should be included in the record. As an example, if an employee elected to contribute $1,300 to his or her FSA, the period payroll deduction would be $1,300/26, or $50. Ensure to input an hourly rate for each employee (including those that are salaried) that is rounded to 5 decimal places.
Benefit-related payroll deductions will take effect on the first pay period of March
Employee | Flex-time | Child care assistance (under $5,000 annually) | FSA (annual) | Educational assistance $4,000 annually | Life insurance (at 1% of annual salary value) | Long-term care insurance $15 per period | Gym membership $15 per month |
Millen | Yes | Yes | $ | 500.00 | No | Yes | No | Yes |
Towle | No | No | $ | 1,200.00 | Yes | No | No | Yes |
Long | Yes | Yes | $ | 700.00 | Yes | Yes | No | Yes |
Shangraw | Yes | No | $ | 200.00 | No | Yes | No | No |
Lewis | No | No | $ | 1,600.00 | No | Yes | Yes | No |
Schwartz | No | No | $ | 450.00 | Yes | Yes | No | Yes |
Prevosti | Yes | No | $ | 900.00 | No | Yes | No | Yes |
Student | No | No | $ | 300.00 | Yes | No | No | Yes |
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Initial pre-tax deductions for each employee are as follows: Name Thomas Millen Deduction Insurance: $155/paycheck 401(k): 3% of gross pay Marital Status: Married Avery Towle Insurance: $100/paycheck 401(k): 5% of gross pay Marital Status: Single Charlie Long Insurance: $155/paycheck 401(k): 2% of gross pay Marital Status: Married Mary Shangraw Insurance: $100/paycheck 401(k): 3% of gross pay Marital Status: Single Insurance: $155/paycheck 401(k): 4% of gross pay Marital Status: Married Kristen Lewis Joel Schwartz Insurance: $100/paycheck 401(k): 5% of gross pay Marital Status: Married Toni Prevosti Insurance: $155/paycheck 401(k): 6% of gross pay Marital Status: Married Student Success Insurance: $100/paycheck 401(k): 2% of gross pay Marital Status: Single Wages for W/H Taxable Wages Federal W/H for FICA Social Security Medicare W/H State W/H Tax Tax Total Deductions Net Pay Check 6628 6629 6630 6631 6632 6633 6634 6635 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 0.00 $ 0.00 $ 0.00 for the pay period ending February 9th 2018 for each employee with the corresponding information. (Round your answers for "Hourly Rate" to 5 decimal places. Round all ot 2/9/2018 Company Name: Prevosti Farms and Sugarhouse 2/12/2018 # of W/H Hourly Rate # of Regular Hours # of Overtime # of Holiday Hours Hours Commissions Gross Earning 401(K) Insurance Taxable Wages for Federal W/H Taxable Wa for FICA $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ Earning Taxable Wages for Taxable Wages Federal W/H Social Security Medicare W/H State W/H Tax Total Caden fa- CINA Taw Net Pay Check No. Initial pre-tax deductions for each employee are as follows: Name Thomas Millen Deduction Insurance: $155/paycheck 401(k): 3% of gross pay Marital Status: Married Avery Towle Insurance: $100/paycheck 401(k): 5% of gross pay Marital Status: Single Charlie Long Insurance: $155/paycheck 401(k): 2% of gross pay Marital Status: Married Mary Shangraw Insurance: $100/paycheck 401(k): 3% of gross pay Marital Status: Single Insurance: $155/paycheck 401(k): 4% of gross pay Marital Status: Married Kristen Lewis Joel Schwartz Insurance: $100/paycheck 401(k): 5% of gross pay Marital Status: Married Toni Prevosti Insurance: $155/paycheck 401(k): 6% of gross pay Marital Status: Married Student Success Insurance: $100/paycheck 401(k): 2% of gross pay Marital Status: Single Wages for W/H Taxable Wages Federal W/H for FICA Social Security Medicare W/H State W/H Tax Tax Total Deductions Net Pay Check 6628 6629 6630 6631 6632 6633 6634 6635 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 0.00 $ 0.00 $ 0.00 for the pay period ending February 9th 2018 for each employee with the corresponding information. (Round your answers for "Hourly Rate" to 5 decimal places. Round all ot 2/9/2018 Company Name: Prevosti Farms and Sugarhouse 2/12/2018 # of W/H Hourly Rate # of Regular Hours # of Overtime # of Holiday Hours Hours Commissions Gross Earning 401(K) Insurance Taxable Wages for Federal W/H Taxable Wa for FICA $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ Earning Taxable Wages for Taxable Wages Federal W/H Social Security Medicare W/H State W/H Tax Total Caden fa- CINA Taw Net Pay Check No