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Park Company had the following partially completed payroll register: (Click the icon to view the partial payroll register.) (Click the icon to view payroll tax
Park Company had the following partially completed payroll register: (Click the icon to view the partial payroll register.) (Click the icon to view payroll tax rate information.) ... Requirement 1. Complete the payroll register. Round to two decimals. (Round all amounts to the nearest cent. Abbreviations used: Beg. = Beginning; Cum. = Cumulative; Earn. = Earnings; Exp. = Expense; Med. = Medicare; Ins. = Insurance; With = Withholdings, Chk = Check.) Earnings Withholdings Salaries - Beg. and More info Current Ending Period Cum. Cum. Income Health United Total Net Chk Wages Earn. Earn. Earn. OASDI Med. Tax Ins. Way With. Pay No. Exp. For all payroll calculations, use the following tax rates and round amounts to the nearest cent: $ 1,056 $ 96 $ 10 801 500 100 35 802 Employee $ 86,000 $ 4,800 128,000 5,000 49,000 2,500 61,000 4,100 0 5,000 550 50 0 803 OASDI: 6.2% on first $132.900 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. OASDI: 6.2% on first $132,900 earned; Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. Employer: 410 82 25 804 500 100 0 805 $ 324,000 $ 21,400 $ 3,016 $ 428 $ 70 Print Done
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