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Instructions The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8: Employee Hours Worked Hourly Rate Weekly
Instructions The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8: Employee Hours Worked Hourly Rate Weekly Salry Federal Income Tax Retirement Savings Aaron Cobb 46 68.00 62.00 70.00 56.00 62.00 750.20 537.68 832.64 386.04 641.84 342.45 382.58 398.24 584.72 5100 110 120 48 35 45 Griffey, Jr 130 120 130 125 50 $1,800 Robinson 36 54.00 Williams 2,000 42 62.00 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 employee's annual earnings. The next payroll check to be used is No. 901 1. Prepare a payroli register for Throwback industries Inc. for the week ended December 9, 20Y8. Assume the normal working hours in a week are 40 hours. Enter amounts as positive numbers and round your intermediate caiculations and final anawers to the nearest whole cent (tweo decimal places). 2. Jourmalize the entry to record the payroli for the week. If required, round your answers to two decimal places. Refer to the Chart of Accounts for exact woroing of account tibes
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