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Henry Sullivan manages a Frosty Boy drive-in. His straight-time pay is $19 per hour, with time-and-a-half for hours in excess of 40 per week. Sullivan's

Henry Sullivan manages a Frosty Boy drive-in. His straight-time pay is $19 per hour, with time-and-a-half for hours in excess of 40 per week. Sullivan's payroll deductions include withheld income tax of 20%, FICA tax, and a weekly deduction of
$12 for a charitable contribution to United Way. Sullivan worked 49 hours during the week.
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for the week. Assume earnings to date are $14,000. (Round all amounts to the nearest cent.) IN - Requirements 1. Compute Sullivan's gross pay and net pay for the week. Assume earnings to date are $14,000 2. Journalize Frosty Boy's wages expense accrual for Sullivan's work. An explanation is not required. 3. Journalize the subsequent payment of wages to Sullivan. Print Done an worked 49 hourb 3 et pay for the week. Assume eamings to date are $14,000. (Round all amounts to the nearest cent) - More info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee OASDI: 6.2% on first $132,900 eamed; Medicare: 1.45% up to $200,000, 2.36% on earnings above $200,000. Employer: DASDI: 6.2% on first $132,900 eamed: Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned Print Done

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