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Hours Hourly The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8: Retirements Weekly Federal Employee
Hours Hourly The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8: Retirements Weekly Federal Employee Worked Rate Salary Income Tax Savings Aaron 44 $26 $275.08 $105 Cobb 42 44 406.78 100 Clemente 45 34 306.85 40 DiMaggio 35 28 205.8 80 Griffey, Jr. 48 42 12 458.64 40 Mantle $2,160 518.40 85 Robinson 36 30 162.00 35 Williams 2,420 532.40 95 Vaughn 43 40 356.00 90 Employees Mantle and Williams are office staff, and all of the other employees are sales personnel. All sales personnel are paid 1 times the regular rate for all hours in excess of 40 hours per week. The social security tax rate is 6%, and Medicare tax is 1.5% of each employee's annual earnings. The next payroll check to be used is No. 901. Required: 1. Prepare a payroll register for Throwback Industries Inc. for the week ended December 9, 2018. Assume the normal working hours in a week are 40 hours. Enter amounts as positive numbers. Round your intermediate calculations and final answers to the nearest whole cent (two decimal places).
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