Question
I need assistance finishing please. The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 2016: Employee Hours
I need assistance finishing please.
The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 2016:
Employee | Hours Worked | Hourly Rate | Weekly Salary | Federal Income Tax | U.S. Savings Bonds |
---|---|---|---|---|---|
Aaron | 46 | $68 | $750.20 | $140 | |
Cobb | 41 | 62 | 537.68 | 150 | |
Clemente | 48 | 70 | 836.44 | 160 | |
DiMaggio | 35 | 56 | 366.04 | 0 | |
Griffey, Jr. | 45 | 62 | 641.84 | 170 | |
Mantle | $1,800 | 342.45 | 160 | ||
Robinson | 36 | 54 | 382.56 | 170 | |
Williams | 2,000 | 398.24 | 165 | ||
Vaughn | 42 | 62 | 584.72 | 40 |
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 6.0%, and Medicare tax is 1.5% of each employees annual earnings. The next payroll check to be used is No. 901.
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1. | Prepare a payroll register for Throwback Industries Inc. for the week ended December 9, 2016. Assume the normal working hours in a week are 40 hours. Enter amounts as positive numbers and round your intermediate calculations and final answers to the nearest whole cent (two decimal places).
1. Prepare a payroll register for Throwback Industries Inc. for the week ended December 9, 2016. Assume the normal working hours in a week are 40 hours. Enter amounts as positive numbers and round your intermediate calculations and final answers to the nearest whole cent (two decimal places). Score: 25/315
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