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Logan White is general manager of Worldwide Salons. During 2 0 2 4 , White worked for the company all year at a $ 1
Logan White is general manager of Worldwide Salons. During White worked for the company all year at a $ monthly salary. He also earned a yearend bonus equal to of his annual salary. White's federal income tax withheld during was $ per month, plus $ on his bonus check. State income tax withheld came to $ per month, plus $ on the bonus. FICA tax was withheld on the annual earnings. White authorized the following payroll deductions: Charity Fund contribution of of total earnings and life insurance of $ per month.
Net takehome pay
Requirement Compute Worldwide's total payroll tax expense for White. Round all amounts to the nearest dollar.
Worldwide incurred payroll tax expense on White for FICA tax. The company also paid state unemployment tax and federal unemployment tax.
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For all payroll calculations, use the following tax rates and round amounts to the nearest cent:
Employee:
OSDI: on first $ earned; Medicare: up to $ on earnings above $
Employer:
OASDI: on first $ earned; Medicare: ; FUTA:
on first $ earned; SUTA: on first $ earned. deductions and Cash for net pay. An explanation is not required. Record debits first, then credits. Exclude explanations from journal entries.
tableDateAccounts,Debit,Credit
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