Question
Payroll Register The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8: Federal Weekly Salary Employee Aaron
Payroll Register The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8: Federal Weekly Salary Employee Aaron Cobb Clemente DiMaggio Griffey, Jr. Mantle Total Name Hours Aaron
Cobb 47 46 Hours Clemente 45 Worked $ 47 46 45 34 44 38 41 Hourly Rate Regular $30 42 26 40 38 34 46 Robinson Williams Vaughn Employees Mantle and Williams are office staff, and all of the other employees are sales personnel. All sales personnel are paid 1 times the regular rate for all hours in excess of 40 hours per week. The social security tax rate is 6%, and Medicare tax is 1.5% of each employee's annual earnings. The next payroll check to be used is No. 901. Required: $2,050 Earnings Overtime 2,300 Income Tax $ $348.45 Total 442.47 234.65 285.6 367.08 492.00 1. Prepare a payroll register for Throwback Industries Inc. for the week ended December 9, 20Y8. Assume the normal working hours in a week are 40 hours. Enter amounts as positive numbers. Round your intermediate calculations and final answers to the nearest whole cent (two decimal places). 193.80 506.00 381.80 Retirements Savings $70 45 Social Security Tax 65 80 45 90 55 95 40 Payroll for Week Ending December 9, 20Y8 Deductions Withheld Medicare Tax Federal Income Tax $348.45 442.47 234.65 Retirement Savings $70 $ 45 65 Total $ Paid Net Pay Ck. No. 901 $ 902 902
social security tax rate is 6%, and Medicare tax is 1.5% of each employee's annual earnings. The next payroll check to be used is No. 901 . Required: your intermediate calculations and final answers to the nearest whole cnt (two decimal places). week ended December 9,20 Y8. Assume the normal working hours in a week are 40 hours. Enter amounts as positive numbers. Round nole cent (two decimal places). Sales Salaries Expense Office Salaries Expense Social Security Tax Payable * Medicare Tax Payable Employees Federal Income Tax Payable - Retirement Savings Deductions Payable Salaries PavableStep by Step Solution
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