Question
Payroll Register The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8: Hours Hourly Weekly Federal Retirements
Payroll Register
The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8:
Hours | Hourly | Weekly | Federal | Retirements | ||||||
Employee | Worked | Rate | Salary | Income Tax | Savings | |||||
Aaron | 44 | $40 | $423.20 | $35 | ||||||
Cobb | 42 | 28 | 258.86 | 50 | ||||||
Clemente | 45 | 36 | 324.9 | 90 | ||||||
DiMaggio | 36 | 38 | 287.28 | 90 | ||||||
Griffey, Jr. | 48 | 44 | 480.48 | 85 | ||||||
Mantle | $2,050 | 492.00 | 95 | |||||||
Robinson | 38 | 32 | 182.40 | 110 | ||||||
Williams | 2,300 | 506.00 | 100 | |||||||
Vaughn | 43 | 46 | 409.40 | 45 |
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:
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).
Payroll for Week Ending December 9, 20Y8 | |||||||||||||
Earnings | Deductions Withheld | Paid | Accounts Debited | ||||||||||
Name | Total Hours | Regular | Overtime | Total | Social Security Tax | Medicare Tax | Federal Income Tax | Retirement Savings | Total | Net Pay | Ck. No. | Sales Salaries Expense | Office Salaries Expense |
Aaron | 44 | $fill in the blank b3315e063fee00d_1 | $fill in the blank b3315e063fee00d_2 | $fill in the blank b3315e063fee00d_3 | $fill in the blank b3315e063fee00d_4 | $fill in the blank b3315e063fee00d_5 | $423.20 | $35 | $fill in the blank b3315e063fee00d_6 | $fill in the blank b3315e063fee00d_7 | 901 | $fill in the blank b3315e063fee00d_8 | |
Cobb | 42 | fill in the blank b3315e063fee00d_9 | fill in the blank b3315e063fee00d_10 | fill in the blank b3315e063fee00d_11 | fill in the blank b3315e063fee00d_12 | fill in the blank b3315e063fee00d_13 | 258.86 | 50 | fill in the blank b3315e063fee00d_14 | fill in the blank b3315e063fee00d_15 | 902 | fill in the blank b3315e063fee00d_16 | |
Clemente | 45 | fill in the blank b3315e063fee00d_17 | fill in the blank b3315e063fee00d_18 | fill in the blank b3315e063fee00d_19 | fill in the blank b3315e063fee00d_20 | fill in the blank b3315e063fee00d_21 | 324.90 | 90 | fill in the blank b3315e063fee00d_22 | fill in the blank b3315e063fee00d_23 | 903 | fill in the blank b3315e063fee00d_24 | |
DiMaggio | 36 | fill in the blank b3315e063fee00d_25 | fill in the blank b3315e063fee00d_26 | fill in the blank b3315e063fee00d_27 | fill in the blank b3315e063fee00d_28 | 287.28 | 90 | fill in the blank b3315e063fee00d_29 | fill in the blank b3315e063fee00d_30 | 904 | fill in the blank b3315e063fee00d_31 | ||
Griffey, Jr. | 48 | fill in the blank b3315e063fee00d_32 | fill in the blank b3315e063fee00d_33 | fill in the blank b3315e063fee00d_34 | fill in the blank b3315e063fee00d_35 | fill in the blank b3315e063fee00d_36 | 480.48 | 85 | fill in the blank b3315e063fee00d_37 | fill in the blank b3315e063fee00d_38 | 905 | fill in the blank b3315e063fee00d_39 | |
Mantle | fill in the blank b3315e063fee00d_40 | fill in the blank b3315e063fee00d_41 | fill in the blank b3315e063fee00d_42 | 492.00 | 95 | fill in the blank b3315e063fee00d_43 | fill in the blank b3315e063fee00d_44 | 906 | $fill in the blank b3315e063fee00d_45 | ||||
Robinson | 38 | fill in the blank b3315e063fee00d_46 | fill in the blank b3315e063fee00d_47 | fill in the blank b3315e063fee00d_48 | fill in the blank b3315e063fee00d_49 | 182.40 | 110 | fill in the blank b3315e063fee00d_50 | fill in the blank b3315e063fee00d_51 | 907 | fill in the blank b3315e063fee00d_52 | ||
Williams | fill in the blank b3315e063fee00d_53 | fill in the blank b3315e063fee00d_54 | fill in the blank b3315e063fee00d_55 | 506.00 | 100 | fill in the blank b3315e063fee00d_56 | fill in the blank b3315e063fee00d_57 | 908 | fill in the blank b3315e063fee00d_58 | ||||
Vaughn | 43 | fill in the blank b3315e063fee00d_59 | fill in the blank b3315e063fee00d_60 | fill in the blank b3315e063fee00d_61 | fill in the blank b3315e063fee00d_62 | fill in the blank b3315e063fee00d_63 | 409.40 | 45 | fill in the blank b3315e063fee00d_64 | fill in the blank b3315e063fee00d_65 | 909 | fill in the blank b3315e063fee00d_66 | |
Totals | $fill in the blank b3315e063fee00d_67 | $fill in the blank b3315e063fee00d_68 | $fill in the blank b3315e063fee00d_69 | $fill in the blank b3315e063fee00d_70 | $fill in the blank b3315e063fee00d_71 | $fill in the blank b3315e063fee00d_72 | $fill in the blank b3315e063fee00d_73 | $fill in the blank b3315e063fee00d_74 | $fill in the blank b3315e063fee00d_75 | $fill in the blank b3315e063fee00d_76 | $fill in the blank b3315e063fee00d_77 |
2. Journalize the entry to record the payroll for the week. If required, round your answers to two decimal places. If an amount box does not require an entry, leave it blank.
Sales Salaries Expense | fill in the blank c28971073043f98_2 | fill in the blank c28971073043f98_3 | |
Office Salaries Expense | fill in the blank c28971073043f98_5 | fill in the blank c28971073043f98_6 | |
Social Security Tax Payable | fill in the blank c28971073043f98_8 | fill in the blank c28971073043f98_9 | |
Medicare Tax Payable | fill in the blank c28971073043f98_11 | fill in the blank c28971073043f98_12 | |
Employees Federal Income Tax Payable | fill in the blank c28971073043f98_14 | fill in the blank c28971073043f98_15 | |
Retirement Savings Deductions Payable | fill in the blank c28971073043f98_17 | fill in the blank c28971073043f98_18 | |
Salaries Payable | fill in the blank c28971073043f98_20 | fill in the blank c28971073043f98_21 |
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