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Homework: Ch 11 Homework B - Graded Question, EF 11-20 (similar to) Part 1 of 5 HW Score: 41.5%, 1743 of 42 points O Points:

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Homework: Ch 11 Homework B - Graded Question, EF 11-20 (similar to) Part 1 of 5 HW Score: 41.5%, 1743 of 42 points O Points: 0 of 8 Save Town Company had the folkwing partially completed payroll register (Cick the icon to viow the partint payroll rogister) Click the icon to view payroll tax rate information Read the requirements Requirement 1. Complete the payroll register. Round to two decimals (Round all amounts to the nearest cont Abbreviations used Beg Beginning Cum = Cumulative, Eam =Earnings, Exp. - Expense. Med = Medicare ins Insurance With Withholdings Chk Check) Earnings Withholdings Salaries and Total Net Chk OASDI Wages Exp. Med. With Pay No. Beo Current Ending Cum. Period Cum. Earn. Earn. Earn $ 80,000 $4,400 84400 130.000 8,000 138.000 54,000 2.300 56.300 65.000 3.900 68.900 0 4,000 4,000 $ 329 000 S 22 600 351,600 Income Health United Tax Ins. Way $ 1,056 $ 88 $ 20 1,700 100 10 552 46 0 858 78 10 B01 802 803 804 880 80 0 805 $ 5,106 S 452 S 40 Earnings Withholdings Salaries Beginning Current Ending Cumulative Period Cumulative Earnings Earnings Earnings $ 80,000 $ 4,400 130,000 8,000 54,000 2.300 65,000 3.900 0 4,000 329,000 $ 22,600 and Income Health United Total Net Check Wages OASDI Medicare Tax Insurance Way Withholdings Pay No Expense $ 1,056 $ 88 $ 20 B01 1,760 160 10 802 552 46 0 803 858 78 10 804 880 80 0 805 $ 5,106 $ 452 $ 40 $ 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. 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. Employer

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