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mework Savas Alexander Wilson operates Metroplex Courier and Delivery Service. He has four employees who are paid on an hourly basis. During the work week

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mework Savas Alexander Wilson operates Metroplex Courier and Delivery Service. He has four employees who are paid on an hourly basis. During the work week beginning December 15 and ending December 21 2016, his employees worked the number of hours shown below. Information about their hourly rates, marital status, and withholding allowances also appears below, along with the cumulative earnings for the year prior to the December 15-21 payroll period. Consider any hours worked beyond 40 in the week as Overtime hours and overtime pay at one and one-half times their regular hourly rate Hours Regular Marital Withholding Cumulative Employee Worked Hourly Rate Status Allowances Earnings Gloria Bahamon 45 $ 1570 M 4 $ 32,710 Alex Garcia 41 2740 S 97190 Ron Price 47 25 80 M 3 53,662 Sara Russell 40 1270 S 0 26,510 2-6. Compute regular, overtime, gross earnings. Social Security tax and Medicare tax to be withheld from each employee's camings. Assume a 62 percent social security rate on the first $113,700 eamed by the employee during the year. Assume 145 percent Medicare tax rate on all salaries and wages torned by the employee during the year. Determine the amount of federal income tax to be withheld from each employee's tatal earnings. (use the table shown in Eloure 102A & Eloure 10:28 whichever is applicable to determine the withholding for Russel Withholdings for Bahamon is $99.00 $290.00 for Garcia, and $234.00 for Price. Finally compute the net amount due of each employee (Bahamon and Russell are office workers. Garcia and Price are delivery workers (Round your intermediate calculations and final answers to 2 decimal places.) Payroll Register Week Beginning: December 15, 2016 Earnings Regular Gross earings Andancing: December 21, 2016 Taxable wiges Deductions Social Social security Medicare security Medicare Cumulative eaming Employee Pald December 23, 2016 Distribution Nel Once Delivery amoun Wages wages nemings earning Income lax Coria Bahamon Alex Garcia Ron Price Sara Russell 8&9. Prepare a general journal entry to record the payroll expenses for the week ended December 21, and December 23, 2016 (Round your intermediate calculations and final answers to 2 decimal places.) View transaction list Journal entry worksheet 1 2 es Record the company's payroll to be paid at a later date. Note: Enter debits before credits General Journal Date Dec 21, 2016 Debit Credit Record entry Clear entry View general journal 8&9. Prepare a general journal entry to record the payroll expenses for the week ended December 21, and December 23, 2016. (Round your intermediate calculations and final answers to 2 decimal places.) View transaction list Journal entry worksheet

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