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Please help with question 5 and 6.5. Compute PayrollAn employee earns $24 per hour and 1.5 times that rate for all hours in excess of

Please help with question 5 and 6.5. Compute PayrollAn employee earns $24 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 50 hours during the week. Assume further that the social security tax rate was6.0%, the Medicare tax rate was 1.5%, and federal income tax to be withheld was $304.a. Determine the gross pay for the week.b. Determine the net pay for the week. Round your answer to two decimal places.6. Journalize Payroll TaxThe payroll register of Wang Engineering Co. indicates $984 of social security withheld and $246.00 of Medicare tax withheld on total salaries of $16,400 for the period. Earnings of $4,600 are subject to state andfederal unemployment compensation taxes at the federal rate of 0.6% and the state rate of 5.4%.Provide the journal entry to record the payroll tax expense for the period. If an amount box does not require an entry, leave it blank. Round to two decimal places.

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Compute Payroll An employee earns $24 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 50 hours during the week. Assume further that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and federal income tax to be withheld was $304. a. Determine the gross pay for the week. b. Determine the net pay for the week. Round your answer to two decimal places. Journalize Payroll Tax The payroll register of Wang Engineering Co. indicates $984 of social security withheld and $246.00 of Medicare tax withheld on total salaries of $16,400 for the period. Earnings of $4,600 are subject to state and federal unemployment compensation taxes at the federal rate of 0.6% and the state rate of 5.4%. Provide the journal entry to record the payroll tax expense for the period. If an amount box does not require an entry, leave it blank. Round to two decimal places

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