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Jennifer Garza's regular hourly wage rate is $14.00, and she receives a wage of 1% times the regular hourly rate for work in excess of
Jennifer Garza's regular hourly wage rate is $14.00, and she receives a wage of 1% times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period, Jennifer worked 44 hours. Her gross earnings prior to the current week were $7,800. Jennifer is married and claims three withholding allowances. Her only voluntary deduction is for group hospitalization insurance at $30 per week. MARRIED Persons WEEKLY Payroll Period ( (For Wages Paid through December 2017) If the wages And the number of withholding allowances claimed is - are 1 2 3 4 5 6 7 8 9 10 At least But less than The amount of income tax to be withheld is - 500 510 34 19 11 4 510 520 35 27 28 29 20 12 5 0 520 530 37 21 13 6 38 22 14 7 530 540 540 550 30 31 40 23 15 8 41 24 16 9 1 550 560 560 570 43 32 33 34 25 17 10 o|o 2 3 570 580 44 26 18 11 580 46 27 19 12 4 590 600 35 36 590 47 28 20 5 600 610 49 38 29 14 6 21 22 50 30 15 7 620 630 31 16 8 610 620 630 640 52 53 39 41 42 44 o you - 23 24 25 32 640 650 17 55 33 18 10 3 650 660 56 45 34 26 19 660 670 58 47 35 27 20 11 12 13 14 670 680 59 37 21 28 29 680 48 50 51 61 38 690 700 22 690 62 40 30 23 15 (a) Compute the following amounts for Jennifer's wages for the current week. (Round FICA taxes, State income taxes and Net pay answers to 2 decimal places, e.g. 52.55.) (1) Gross earnings. $ (2) FICA taxes. (Assume a 7.65% rate on maximum of $127,200.) $ (3) Federal income taxes withheld. $ (4) State income taxes withheld. (Assume a 2.0% rate.) $ (5) Net pay. $ eTextbook and Media List of Accounts Save for Later Attempts: unlimited Submit Answer (b) Record Jennifer's pay. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Jennifer Garza's regular hourly wage rate is $14.00, and she receives a wage of 1% times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period, Jennifer worked 44 hours. Her gross earnings prior to the current week were $7,800. Jennifer is married and claims three withholding allowances. Her only voluntary deduction is for group hospitalization insurance at $30 per week. MARRIED Persons WEEKLY Payroll Period ( (For Wages Paid through December 2017) If the wages And the number of withholding allowances claimed is - are 1 2 3 4 5 6 7 8 9 10 At least But less than The amount of income tax to be withheld is - 500 510 34 19 11 4 510 520 35 27 28 29 20 12 5 0 520 530 37 21 13 6 38 22 14 7 530 540 540 550 30 31 40 23 15 8 41 24 16 9 1 550 560 560 570 43 32 33 34 25 17 10 o|o 2 3 570 580 44 26 18 11 580 46 27 19 12 4 590 600 35 36 590 47 28 20 5 600 610 49 38 29 14 6 21 22 50 30 15 7 620 630 31 16 8 610 620 630 640 52 53 39 41 42 44 o you - 23 24 25 32 640 650 17 55 33 18 10 3 650 660 56 45 34 26 19 660 670 58 47 35 27 20 11 12 13 14 670 680 59 37 21 28 29 680 48 50 51 61 38 690 700 22 690 62 40 30 23 15 (a) Compute the following amounts for Jennifer's wages for the current week. (Round FICA taxes, State income taxes and Net pay answers to 2 decimal places, e.g. 52.55.) (1) Gross earnings. $ (2) FICA taxes. (Assume a 7.65% rate on maximum of $127,200.) $ (3) Federal income taxes withheld. $ (4) State income taxes withheld. (Assume a 2.0% rate.) $ (5) Net pay. $ eTextbook and Media List of Accounts Save for Later Attempts: unlimited Submit Answer (b) Record Jennifer's pay. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts
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