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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.

Required:
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

Payroll for Week Ending December 9, 2016

1

Earnings

Earnings

Earnings

Deductions

Deductions

Deductions

Deductions

Deductions

Paid

Paid

Account Debited

Account Debited

2

Employee

Total Hours

Regular

Overtime

Total

Social Security Tax

Medicare Tax

Federal Income Tax

U.S. Savings Bond

Total

Net Pay

Ck. No.

Sales Salaries Expense

Office Salaries Expense

3

Aaron

46.00

$750.20

$140.00

#901

4

Cobb

41.00

537.68

150.00

#902

5

Clemente

48.00

836.44

160.00

#903

6

DiMaggio

35.00

366.04

#904

7

Griffey, Jr.

45.00

641.84

170.00

#905

8

Mantle

342.45

160.00

#906

9

Robinson

36.00

382.56

170.00

#907

10

Williams

398.24

165.00

#908

11

Vaughn

42.00

584.72

40.00

#909

12

$4,840.17

$1,155.00

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