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Henry Sully manages a Dairy World drive-in. His straight-time pay is $15 per hour, with time-and-a-half for hours in excess of 40 per week. Sully's

Henry Sully manages a Dairy World drive-in. His straight-time pay is $15 per hour, with time-and-a-half for hours in excess of 40 per week. Sully's payroll deductions include withheld income tax of 40%, FICA tax, and a weekly deduction of $6 for
a charitable contribution to United Way. Sully worked 49 hours during the week.
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ek. Assume earnings to date ale Requirements 1. Compute Sully's gross pay and net pay for the week. Assume earnings to date are $11,000 2. Journalize Dairy World's wages expense accrual for Sully's work. An explanation is not required. 3. Journalize the subsequent payment of wages to Sully. Done Print 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 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. Employer: OASDI: 6.2% on first $132,900 earned; 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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