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PLEASE SHOW WORK. THANK YOU! 2 The names of the employees of Matson Office Susems and their regular salaries are shown 35 pts. Young are

PLEASE SHOW WORK. THANK YOU!

image text in transcribed 2 The names of the employees of Matson Office Susems and their regular salaries are shown 35 pts. Young are paid monthly on the last payday, while all others are paid weekly. In addition to the regular salaries, the company pays an annual bonus (Suppl) based on th the bonus amounts to 8% of the annual salary paid to each employee. The bonus is to be F and the amount of the regular salary will be shown separately on each employees earning employees received their regular salary during the entire year. Directions: Prepare the payroll for the payperiod ending Decemer 27, showing the fc Use the wage-bracket method to withhold federal income Withhold a flat 22% on the annual bonus. Total salaries and bonuses are subject to a 2% state incom December 28,20xx **Monthly Compute the eployer's FICA taxes for the pay period ending December 27. 2 The names of the employees of Matson Office Susems and their regular salaries are shown 35 pts. Young are paid monthly on the last payday, while all others are paid weekly. In addition to the regular salaries, the company pays an annual bonus (Suppl) based on th the bonus amounts to 8% of the annual salary paid to each employee. The bonus is to be F and the amount of the regular salary will be shown separately on each employees earning employees received their regular salary during the entire year. Directions: Prepare the payroll for the payperiod ending Decemer 27, showing the fc Use the wage-bracket method to withhold federal income Withhold a flat 22% on the annual bonus. Total salaries and bonuses are subject to a 2% state incom December 28,20xx **Monthly Compute the eployer's FICA taxes for the pay period ending December 27

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