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Names of the employees of Bowling for Dollars are listed on the following payroll register. Employees are paid weekly. Martial status and number of
Names of the employees of Bowling for Dollars are listed on the following payroll register. Employees are paid weekly. Martial status and number of allowances are presented along with the weekly salary that has remained the same all year. Complete the payroll register for the period ending March 31, the thirteenth payroll of the year. The state income tax rate is 5% of total earnings, and the city income tax is 1% of the total earnings. The percentage method is used to calculate Federal income tax. Wage limit for Social Security is 127,200 at a rate of 6.2% for both employee and employer and Medicare is at 1.45% on all earnings. Deductions FICA Bob Joe Mary Susan Totals Name Marital Status No of Allow Total WEEKLY Earnings OASDI SM S 1 9,817 2 8,516 3 7,514 M 4 6,289 Compute the employers FICA taxes for the pay period ending March 31. BOASDI taxable Earnings HI Taxable earnings OASDI Taxes HI Taxes IH FIT SIT CIT " Net Pay
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