Herbert Simpson manages a Dairy world drive-in His straight-time pay is $14 per hour with time-and-a-half for hours in excess of 40 per week Simpson's payroll deductions include withheld income tax o 30% FICA tax and a weekly deduction of $11 for a charitable contribution to United Way. Simpson worked 60 hours during the week. (Click the icon to view payroll tax rate information.) Read the requirements Requirement 1. Compute Simpson's gross pay and net pay for the week. Assume earnings to date are $16,000. (Round all amounts to the nearest cent.) Begin by computing Simpson's gross pay for the week. Gross Pay Choose from any list or enter any number in the input fields and then click Check Answer Clear All Final Check remaining More Info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: Employer: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% on all earnings; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. PrintDone y for Requirements 1. Compute Simpson's gross pay and net pay for the week. Assume earnings to date are $16,000 2. Journalize Dairy World's wages expense accrual for Simpson's work. An explanation is not required. Journalize the subsequent payment of wages to Simpson. 3. Print Done elds