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please fill all information in for Moe and Jack. Thank you! appy Company pays its employees on the 15th and last day of each mont
please fill all information in for Moe and Jack. Thank you!
appy Company pays its employees on the 15th and last day of each mont Employees gross pay is subject to these taxes: Tax FICA - Social Security FICA - Medicare Federal Unemployment State Unemployment Rate 6.20% 1.45% 0.60% 3.00% Applied to First $132.900 ALL Wages First $7,000 First $7,000 company is preparing its navroll for the period ending October 31, 2013 Payroll records s yol records show the following information for the company's three employees. Name Manny Moe Jack Current Pay Period Gross Pay Federal Tax 3% 2,000 10% 6.800 20% Gross Pay thru 10/15/19) 6,840 38,000 129,200 360 State Tax 2% 3% 5% Required (using an electronic spreadsheet) 1) For the current pay period, compute the following, for each employee: a) Net pay for the current pay period. b) Total cost to the employer, including wages. A Manny Jack Moe 11 12 a 13 Gross Pay $ 360.00 $ 2,000.00 $ 6,800.00 14 $ 229.40 15 Less Deductions: 16 FICA - Social Security FICA - Medicare Federal Income Tax State Income Tax 20 Total Deductions 17 22.32 5.22 10.80 7.20 45.54 18 19 $ 21 22 Net Pay 314.46 23 24 25 26 27 Manny 28 Jack Moe 29 b 30 Gross Pay $ 360.00 $ 2,000.00 $ 6,800.00 31 229.40 32 Fringe Benefits: 33 FICA - Social Security FICA - Medicare Federal Unemployment State Unemployment 34 35 22.32 5.22 0.96 4.80 36 393.30 38 Total Cost to Employer 39Step by Step Solution
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