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Holden Santana manages a Frosty Boy drive-in. His straight-time pay is $14 per hour, with time-and-a-half for hours in excess of 40 per week. Santana's

Holden Santana manages a Frosty Boy drive-in. His straight-time pay is $14 per hour, with time-and-a-half for hours in excess of 40 per week. Santana's payroll deductions include withheld income tax of 20%, FICA tax, and a weekly deduction of $7 for a charitable contribution to United Way. Santana worked 60 hours during the week. (Click the icon to view payroll tax rate information.) Read the requirements. Requirement 1. Compute Santana's gross pay and net pay for the week. Assume earnings to date are $13,000. (Round all amounts to the nearest cent.) Begin by computing Santana's gross pay for the week. Gross Pay Requirements 1. Compute Santana's gross pay and net pay for the week. Assume earnings to date are $13,000. 2. Journalize Frosty Boy's wages expense accrual for Santana's work. An explanation is not required. 3. Journalize the subsequent payment of wages to Santana. Print Done 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. Print Done

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