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Highridge Homes has the following payroll information for the week ended February 21: Earnings at Daily Timel End of Previous Federal Pay Income Name
Highridge Homes has the following payroll information for the week ended February 21: Earnings at Daily Timel End of Previous Federal Pay Income Name Week S M T W T F S Rate Tax Arthur, P 7,823.00 B 8 B = 8 44.90 225.78 Bills, D. 2,014.001 B 8 8 6 8 12.55 26.00 Carney, W. 2,060.00 B 20 8 B 8 13.10 27.00 Dorn, J. 736.00 B 8 21.50 11.00 Edgar, L 2,656.00 B 8 8 B 14.85 37.00 Fitzwilson, G. 4,132.00 8 8 8 8 B 22.65 125.00 Taxable earnings for Social Security are based on the first $118,500. Taxable earnings for Medicare are based on all earnings. Taxable earnings for federal and state unemployment are based on the first $7,000, Employees are paid time-and-a-half for work in excess of 40 hours per week. Required: 1. Complete the payroll register. The Social Security tax rate is 6.2 percent, and the Medicare tax rate is 1.45 percent. Begin payroll chec with No. 2080. If required, round your intermediate calculations and the final answers to the nearest cent and use the rounded answers subsequent computations. If an amount is zero, enter "0" EARNINGS NAME TOTAL HOURS BEGINNING CUMULATIVE E CUM EARNINGS EA REGULAR OVERTIME TOTAL Arthur, P. 40 Bills, D. 40 Carney, W 40 Dorn, J. 16 Edgar, L 40 $ Fitzwilson, G. 48 V
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