PAYROLL FOR WEEK ENDING December 9 EARNINGS DEDUCTIONS PAD Total Ho Social Securly TE Medicare Tax US Songs end ACCOUNTS DEBITED Las Oce Salas Salaries Expert Name He Owne To Total Amount Na Aan Cate Clemente DIMO Grey More Robinson Wim Vaughn 46 41 18 35 45 PR 10-4A Payroll summary Obj. 2 The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9. Employee Weekly Salary Hours Worked 46 41 Hourly Rate $68.00 62.00 70.00 56.00 62.00 48 Aaron Cobb Clemente DiMaggio Griffey, Jr. Mantle Robinson Williams Vaughn 35 Federal U.S. Savings Income Tax Bonds $750.20 $100 537.68 110 832.64 120 366.04 0 641.84 130 342.45 120 382.56 130 398.24 125 584.72 50 45 $1,800 36 54.00 2,000 42 62.00 Employees Mantle and Williams are office staff, and all of the other employees are sales personnel. All sales personnel are paid 11/2 times the regular rate for all hours in excess of 40 hours per week. The social security tax rate is 6.0%, and Medicare tax is 1.5% of each employee's annual earnings. The next payroll check to be used is No. 901. Instructions 1. Prepare a payroll summary for Throwback Industries Inc. for the week ended December 9. Use the following columns: Employee, Total Hours, Regular Earnings, Overtime Earnings, Total Earnings, Social Security Tax, Medicare Tax, Federal Income Tax, U.S. Savings Bonds, Total Deductions, Net Pay, Ck. No., Sales Salaries Expense, and Office Salaries Expense. Answer Check Figure: Total net pay $15,424.12 2. Journalize the entry to record the payroll for the week