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Payroll Accounting 2020 3-17B.LO 2, 3 See Example 3-1 on page 3-11 Ar Gleeson Brewing Company, office workers are employed for a 40-hour workweek on

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Payroll Accounting 2020 3-17B.LO 2, 3 See Example 3-1 on page 3-11 Ar Gleeson Brewing Company, office workers are employed for a 40-hour workweek on either an annual or a monthly salary basis. Given on the form below are the current annual and monthly salary rates for five office workers for the week ended December 13, 20. (S0th payday of 0 (S0th payday of the year). In addition, with this pay, these employees are paid their sliding scale annual bonuses. The bonuses are listed on the register. For each worker, compute: 1. Regular earnings for the weekly payroll ended December 13, 20-. 2. Overtime earnings (if applicable). 3. Total regular, overtime earnings, and bonus. 4. FICA taxable wages for this pay period. 5. FICA taxes to be withheld for this pay period. GLEESON BREWING COMPANY Hours Annual Regular Employee Salary Worked Bonus Earnings Won, H. $99,840/yr. 40 $45,000 Park, B. 96,200/yr. 40 25,000 James, R. 7,280/mo. 40 20,000 Oho, J. 5,265/mo. 15,000 Mack, K 3,400/mo. 8,000 Totals Overtime Earnings Total Earnings (left side) Cumulative Earnings as of Last Pay Period GLEESON BREWING COMPANY FICA Taxable Wages FICA Taxes This Pay Period to Be Withheld OASDI HI OASDI HI Employee $94,080.00 90,650.00 82,320.00 59,535.00 38,446,38 Won, H. Park, B. James, R. Oho, J. Mack, K. Totals Iright side) Employer's FICA taxes for week ended December 13, 20-- OASDI Payroll Accounting 2020 3-17B.LO 2, 3 See Example 3-1 on page 3-11 Ar Gleeson Brewing Company, office workers are employed for a 40-hour workweek on either an annual or a monthly salary basis. Given on the form below are the current annual and monthly salary rates for five office workers for the week ended December 13, 20. (S0th payday of 0 (S0th payday of the year). In addition, with this pay, these employees are paid their sliding scale annual bonuses. The bonuses are listed on the register. For each worker, compute: 1. Regular earnings for the weekly payroll ended December 13, 20-. 2. Overtime earnings (if applicable). 3. Total regular, overtime earnings, and bonus. 4. FICA taxable wages for this pay period. 5. FICA taxes to be withheld for this pay period. GLEESON BREWING COMPANY Hours Annual Regular Employee Salary Worked Bonus Earnings Won, H. $99,840/yr. 40 $45,000 Park, B. 96,200/yr. 40 25,000 James, R. 7,280/mo. 40 20,000 Oho, J. 5,265/mo. 15,000 Mack, K 3,400/mo. 8,000 Totals Overtime Earnings Total Earnings (left side) Cumulative Earnings as of Last Pay Period GLEESON BREWING COMPANY FICA Taxable Wages FICA Taxes This Pay Period to Be Withheld OASDI HI OASDI HI Employee $94,080.00 90,650.00 82,320.00 59,535.00 38,446,38 Won, H. Park, B. James, R. Oho, J. Mack, K. Totals Iright side) Employer's FICA taxes for week ended December 13, 20-- OASDI

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