Question
Please complete all the fill in the blank below The form below shows the amounts that appear in the Earnings to Date column of the
Please complete all the fill in the blank below
The form below shows the amounts that appear in the Earnings to Date column of the employees' earnings records for 10 full- and part-time workers in Unger Company. These amounts represent the cumulative earnings for each worker as of October 4, the company's last payday. The form also gives the gross amount of earnings to be paid to each worker on the next payday, October 11.
In the state where Unger Company is located, the tax rates and bases are as follows:
Tax on Employees: | ||
FICAOASDI | 6.2% on first $147,000 | |
FICAHI | 1.45% on total earnings | |
SUTA | 0.5% on first $8,000 | |
Tax on Employer: | ||
FICAOASDI | 6.2% on first $147,000 | |
FICAHI | 1.45% on total earnings | |
FUTA | 0.6% on first $7,000 | |
SUTA | 1.8% on first $8,000 |
In the appropriate columns of the form shown below, do the following:
1. Compute the amount to be withheld from each employee's earnings on October 11 for (a) FICAOASDI, (b) FICAHI, and (c) SUTA, and determine the total employee taxes. 2. Record the portion of each employee's earnings that is taxable under FICA, FUTA, and SUTA, and calculate the total employer's payroll taxes on the October 11 payroll.
If an amount box does not require an entry, leave it blank. If required, round your answers to the nearest cent. Enter the tax rates as decimals, carried out to four decimal places when required.
UNGER COMPANY | |||||||||||
Gross | Taxes to Be Withheld from Employees' Earnings Under | Employer Taxes: Portion of Employees' Earnings Taxable Under | |||||||||
Earnings to | Earnings | FICA | FICA | ||||||||
Employee | Date | Oct. 11 | OASDI | HI | SUTA | OASDI | HI | FUTA | SUTA | ||
1. Weiser, Roberta A. | $158,500 | $1,790 | $fill in the blank 1 | $fill in the blank 2 | $fill in the blank 3 | $fill in the blank 4 | $fill in the blank 5 | $fill in the blank 6 | $fill in the blank 7 | ||
2. Stankard, Laurie C. | 14,950 | 295 | fill in the blank 8 | fill in the blank 9 | fill in the blank 10 | fill in the blank 11 | fill in the blank 12 | fill in the blank 13 | fill in the blank 14 | ||
3. Grow, Joan L. | 4,060 | 240 | fill in the blank 15 | fill in the blank 16 | fill in the blank 17 | fill in the blank 18 | fill in the blank 19 | fill in the blank 20 | fill in the blank 21 | ||
4. Rowe, Paul C. | 8,190 | 235 | fill in the blank 22 | fill in the blank 23 | fill in the blank 24 | fill in the blank 25 | fill in the blank 26 | fill in the blank 27 | fill in the blank 28 | ||
5. McNamara, Joyce M. | 7,460 | 195 | fill in the blank 29 | fill in the blank 30 | fill in the blank 31 | fill in the blank 32 | fill in the blank 33 | fill in the blank 34 | fill in the blank 35 | ||
6. O'Connor, Roger T. | 146,710 | 1,810 | fill in the blank 36 | fill in the blank 37 | fill in the blank 38 | fill in the blank 39 | fill in the blank 40 | fill in the blank 41 | fill in the blank 42 | ||
7. Carson, Ronald B. | 8,905 | 280 | fill in the blank 43 | fill in the blank 44 | fill in the blank 45 | fill in the blank 46 | fill in the blank 47 | fill in the blank 48 | fill in the blank 49 | ||
8. Chun, Ginni C. | 4,325 | 175 | fill in the blank 50 | fill in the blank 51 | fill in the blank 52 | fill in the blank 53 | fill in the blank 54 | fill in the blank 55 | fill in the blank 56 | ||
9. Lin, Virginia S. | 57,010 | 590 | fill in the blank 57 | fill in the blank 58 | fill in the blank 59 | fill in the blank 60 | fill in the blank 61 | fill in the blank 62 | fill in the blank 63 | ||
10. Wilson, Joe W. | 3,615 | 205 | fill in the blank 64 | fill in the blank 65 | fill in the blank 66 | fill in the blank 67 | fill in the blank 68 | fill in the blank 69 | fill in the blank 70 | ||
Total employee taxes | $fill in the blank 71 | $fill in the blank 72 | $fill in the blank 73 | ||||||||
Total taxable earnings | $fill in the blank 74 | $fill in the blank 75 | $fill in the blank 76 | $fill in the blank 77 | |||||||
Applicable tax rate (enter as decimals, not percentages) | fill in the blank 78 | fill in the blank 79 | fill in the blank 80 | fill in the blank 81 | |||||||
Totals | $fill in the blank 82 | $fill in the blank 83 | $fill in the blank 84 | $fill in the blank 85 | |||||||
Total payroll taxes | $fill in the blank 86 |
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