Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

hi, could someone please help me on these two problems. it's for payroll accounting 2017 edition by bieg toland. 31. PR.04.31 AT DIRECTIONS: Complete the

hi,

could someone please help me on these two problems. it's for payroll accounting 2017 edition by bieg toland.image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

31. PR.04.31 AT DIRECTIONS: Complete the following payroll register for employees of Corby Company for the week ended March 3. Taxable earnings should be computed on the basis of a 40-hour week with overtime earnings being paid at time and one-half for all hours over 40 each workweek (no overtime for salaried employees) Note: Carry each overtime hourly rate out to 3 decimal places and then round off to 2 decimal places. All employees' wages are subject to the OASDI tax of 6.2% and the HI tax of 1.45%. The supplemental HI rate of 0.9% is not applicable PAYROLL REGISTER March 3 FOR WEEK ENDING REGULAR EARNINGS RATE PER TIME RECORD MARITAL STATUS EMPLOYEE'S NO-W/H ALLOW. MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY NO. HOURS (REGULAR) HOUR AMOUNT CLAIMED NO 41 32 63 12.00 8% 1,600.00 10 10 13.00 12.00 12.50 10 45 10

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions