Question
Prevosti Farms and Sugarhouse pays its employees according to their job classification. The following employees make up Sugarhouse's staff: Employee Number Name and Address Payroll
Prevosti Farms and Sugarhouse pays its employees according to their job classification. The following employees make up Sugarhouse's staff:
Employee Number | Name and Address | Payroll information |
A-Mille | Thomas Millen | Hire Date: 2-1-2017 |
1022 Forest School Rd | DOB: 12-16-1982 | |
Woodstock, VT 05001 | Position: Production Manager | |
802-478-5055 | PT/FT: FT, exempt | |
SSN: 031-11-3456 | No. of Exemptions: 4 | |
401(k) deduction: 3% | M/S: M | |
Pay Rate: $35,000/year | ||
A-Towle | Avery Towle | Hire Date: 2-1-2017 |
4011 Route 100 | DOB: 7-14-1991 | |
Plymouth, VT 05102 | Position: Production Worker | |
802-967-5873 | PT/FT: FT, nonexempt | |
SSN: 089-74-0974 | No. of Exemptions: 1 | |
401(k) deduction: 5% | M/S: S | |
Pay Rate: $12.00/hour | ||
A-Long | Charlie Long | Hire Date: 2-1-2017 |
242 Benedict Road | DOB: 3-16-1987 | |
S. Woodstock, VT 05002 | Position: Production Worker | |
802-429-3846 | PT/FT: FT, nonexempt | |
SSN: 056-23-4593 | No. of Exemptions: 2 | |
401(k) deduction: 2% | M/S: M | |
Pay Rate: $12.50/hour | ||
B-Shang | Mary Shangraw | Hire Date: 2-1-2017 |
1901 Main Street #2 | DOB: 8-20-1994 | |
Bridgewater, VT 05520 | Position: Administrative Assistant | |
802-575-5423 | PT/FT: PT, nonexempt | |
SSN: 075-28-8945 | No. of Exemptions: 1 | |
401(k) deduction: 3% | M/S: S | |
Pay Rate: $10.50/hour | ||
B-Lewis | Kristen Lewis | Hire Date: 2-1-2017 |
840 Daily Hollow Road | DOB: 4-6-1960 | |
Bridgewater, VT 05523 | Position: Office Manager | |
802-390-5572 | PT/FT: FT, exempt | |
SSN: 076-39-5673 | No. of Exemptions: 3 | |
401(k) deduction: 4% | M/S: M | |
Pay Rate: $32,000/year | ||
B-Schwa | Joel Schwartz | Hire Date: 2-1-2017 |
55 Maple Farm Way | DOB: 5-23-1985 | |
Woodstock, VT 05534 | Position: Sales | |
802-463-9985 | PT/FT: FT, exempt | |
SSN: 021-34-9876 | No. of Exemptions: 2 | |
401(k) deduction: 5% | M/S: M | |
Pay Rate: $24,000/year base plus 3% Commission on Sales | ||
B-Prevo | Toni Prevosti | Hire Date: 2-1-2017 |
10520 Cox Hill Road | DOB: 9-18-1967 | |
Bridgewater, VT 05521 | Position: Owner/President | |
802-673-2636 | PT/FT: FT, exempt | |
SSN: 055-22-0443 | No. of Exemptions: 5 | |
401(k) deduction: 6% | M/S: M | |
Pay Rate: $45,000/year | ||
B-Student | Student Success | Hire Date: 2-1-2017 |
1644 Smitten Road | DOB: 1-1-1991 | |
Woodstock, VT 05001 | Position: Accounting clerk | |
555-555-5555 | PT/FT: FT, nonexempt | |
SSN: 555-55-5555 | No. of Exemptions: 2 | |
401(k) deduction: 2% | M/S: S | |
Pay Rate: $34,000/year |
The departments are as follows:
Department A: Agricultural Workers
Department B: Office Workers
Initial pre-tax deductions for each employee are as follows:
Thomas Millen
Insurance: $155/paycheck 401(k): 3% of gross pay Marital Status: Married ?
Avery Towle
Insurance: $100/paycheck 401(k): 5% of gross pay Marital Status: Single ?
Charlie Long
Insurance: $155/paycheck 401(k): 2% of gross pay Marital Status: Married
Mary Shangraw
Insurance: $100/paycheck 401(k): 3% of gross pay Marital Status: Single ?
Kristen Lewis
Insurance: $155/paycheck 401(k): 4% of gross pay Marital Status: Married
Joel Schwartz
Insurance: $100/paycheck 401(k): 5% of gross pay Marital Status: Married
Toni Prevosti
Insurance: $155/paycheck 401(k): 6% of gross pay Marital Status: Married ?
Student Success
Insurance: $100/paycheck 401(k): 2% of gross pay Marital Status: Single
The first day of work for Prevosti Farms and Sugarhouse for all employees is February 6, 2017. February 10 is the end of the first pay period for Prevosti Farms and Sugarhouse and includes work completed during the week of February 6-10. Using the payroll register, compute the employee gross pay and net pay using 35 hours as the standard workweek for all employees except Mary Shangraw, who works 20 hours per week and receives overtime for any time worked past that point. The other hourly employees receive overtime pay when they work more than 35 hours in one week. Joel Schwartz has made $5,000 in case sales at a 3 percent commission rate during this pay period. Remember that the employees are paid biweekly. Note that the first pay period comprises only one week of work, but the pay frequency for federal income tax purposes is biweekly. Federal withholding tax should be computed using the wage-bracket tables in Appendix C. State witholding tax for Vermont is computed at 3.55 percent of taxable wages (i.e., gross pay less pre-tax deductions).
February 24, 2017, is the end of the final pay period for the month. Schwartz has sold $7,500 of product during this pay period at a 3 percent commission. Pay will be disbursed on February 27, 2017, and check numbers will continue from prior payroll.
The hours for the nonexempt employees are as follows:
Name | Hourly rate | Hours worked 2/6?2/10 | ||||
Towle | $ | 12.00000 | 35 hours | |||
Long | $ | 12.50000 | 40 hours | |||
Shangraw | $ | 10.50000 | 21 hours | |||
Success (You) | $ | 18.68132 | 35 hours |
Name | Hourly rate | Hours worked 2/13-2/24 | ||||
Towle | $ | 12.00000 | 80 hours | |||
Long | $ | 12.50000 | 70 hours | |||
Shangraw | $ | 10.50000 | 42 hours | |||
Success (You) | $ | 18.68132 | 71 hours |
Required: Complete the payroll register for this pay period and update the Employee Earnings Record form for each employee with the corresponding information. Ensure to input an hourly rate for each employee (including those that are salaried) that is rounded to 5 decimal places.
Benefit-related payroll deductions will take effect on the first pay period of March.
I am stuck on the gym, total deductions, and net pay.
Here are the answers that I had:
Check date 2/13
Check date 2/27
I also had 6.92 as an answer for gym, but that was wrong as well. (15*12=180, 180/26=6.92)
Please help I've been stuck on this assignment for hours.
Flex- Employee time Millen Yes Towle No Long Yes Yes No Schwartz No Prevosti Yes No Student Shangraw Lewis Child care assistance (under $5,000 annually) Yes No Yes No No No No No FSA (annual) $ 500.00 $ 1,200.00 $ $ 700.00 200.00 $ 1,600.00 $ $ $ 450.00 900.00 300.00 Educational assistance $4,000 annually No Yes Yes No No Yes No Yes Life insurance (at 1% of annual salary value) Yes No Yes Yes Yes Yes Yes No Long-term care insurance $15 per period No No No No Yes No No No Gym membership $15 per month Yes Yes Yes No No Yes Yes Yes M/S M M 4 19.23077 S 10 12.00000 2 12.50000 10 S M M 3 2 M 5 S 2 Gross Earning # of W/H 5 $ Hourly Rate 10.50000 17.58242 13.18681 24.72527 18.68132 Taxable Wages for Federal W/H s 497.89 # of Regular Hours 35 35 35 20 35 35 35 35 Taxable Wages for FICA # of Overtime Hours Federal W/H 673.08 S 518.08 420.00 $ 299.00 S 320.00 531.25 $365.62 $ 376.25 225.75 $118.98 $ 125.75 S 615.38 $ 435.76 $ 460.38 Is 611.54 $ 480.96 $ 511.54 S 865.38 $ 658.46 S 710.38 653.85 $ 540.77 S $ 553.85 S 4.596.23 $ 3.397.44 $ 3.576.23 S 0 00 5 1 0. 0 0 0 # of Holiday Hours Social Security Tax IS $ S S 0.00 S 5.00 S 0.00 0.00 $ 0.00 $ 0.00 S 0.00 S 15.00 S 20.00 S Commissions 0 S 00 00 00 00 00 0 00 Medicare W/H 32.12 $ 19.84 S 23.33 $ 7.80 S 28.54 31.72 S 44.04 $ 34.34 $ 221.73 $ $ Gross Earning 0.00 $ 673.08 S 0.00 0.00 0.00 0.00 150.00 0.00 0.00 420.00 S 531.25 $ 225.75 S 615.38 S 611.54 $ 865.38 S 653.85 S $ 4.596.23 S 401(K) State W/H Tax 7.51 $ 17.68 S 4.64 $ 10.61 S 5.46 $ 12.98 S 1.82 $ 4.22 $ 6.68 $ 15.47 $ 7.42 $ 17.07 $ 10.30 $ 23.38 S 8.03 S 19.20 S 51.86 $ 120.61 |5 Insurance 20.19 S 155.00 21.00 S 100.00 10.63 S 155.00 6.77 $ 100.00 24.62 S 155.00 Garnishment 30.58 S 100.00 51.92 $ 155.00 13.08 S 100.00 178.78 $ 1.020.00 United Way 0.00 $ 0.00 $ 0.00 $ 0.00 S 0.00 $ 0.00 S 0.00 S 0.00 S 0.00 S Child Care Gym 0.00 $ 0.00 S 0.00 S 0.00 $ 0.00 $ 0.00 S 0.00 S 0.00 S 0.00 S FSA Total Deductions 7.50 $ 7.50 * $ 7.50 $ 0.00 $ 0.00 $ 7.50 S 7.50 X S 7.50 $ 45.00 $ Educ Assist. Net Pay 64.81 S 608.27 x 47.59 x S 372.41 X 49.27X S 483.66 X 13.84* S 211.91 50.69 $ 564.69 63.71 x S 547.83 x 85.22 S 780.16 84.07 S 569.78 X 459.20 S 4.138.71 Life Ins Check No. 6628 6629 6630 6631 6632 6633 6634 6635 Long-term Care Taxable Wages for Federal W/H $ 518.08 $ 497.89 $299.00 $320.00 $365.62 $ 376.25 $ 118.98 $ 125.75 $ 435.76 $ 460.38 $ 480.96 $ 511.54 S 658.46 $710.38 $ 540.77 $ 3.397.44 Taxable Wages for FICA $ 553.85 $ 3.576.23 M/S M 4 1 2 1 MO 3 |S S M S Gross Earning S Is S Is 15 Is M 2 13.18681 M 5 24.72527 18.68132 S # of W/H 2 |$ S S 1,346.15 1,020.00 Hourly Rate or Period wage 19.23077 12.00000 12.50000 1,148.08 1,730.77 1,335.71 9.137.98 10.50000 17.58242 Taxable Wages for Federal W/H $ 1,150.77 S 869.00 875.00 S 702.50 S 337.95 451.50 1.230.77 $ 1,026.54 S 990.68 $ 1,471.92 $ 1,209.00 $ 7.758.36 No. of Regular Hours 70- 70 70- 40 70 70 70- 70- Taxable Wages for FICA $ 1,191.15 S 920.00 S 720.00 S 351.50 S 1,075.77 S 1,048 08 $ 1,575.77 $ 1,235.71 S 8.117.98 No. of Overtime Hours No. of Holiday Hours 00 10 00 20 00 0 0$ 10 $ Federal W/H Social Security Tax 0 0 00 0 0 DO 0 00 0 Commissions Medicare W/H S $ $ S 19.00 S 76.00 $ S 73.85 57.04 7.00 $ 44.64 $ 9.00 $ 21.79 $ $ S $ 23.00 S 66.70 5 $ 35.00 $ 64.98 $ 36.00 $ 97.70 S $ 104.00 $ 76.61 S $503.31 $ $ $ 309.00 $ Gross Earning $ 0.00 $1,346.15 $ 0.00 $1,020.00 $ 0.00 $875.00 0.00 0.00 225.00 0.00 0.00 401(k) $ 451.50 $ $ 1,230.77 $ 1,148.08 $ $1,730.77 S $1,335.71 $ $ 9.137.98 $ State W/H Tax $ Garnishment 17.27 $ 40.85 $ 13.34 $ 30.85 $ 10.44 $ 24.94 $ 5.10 $ 12.00 $ 15.60 $ 36.44 $ 15.20 $ 35.17 $ 22.41 * $ 52.25 $ 17.92 $ 42.92 $ 117.28 $275.42 $ Insurance 40.38 $ 155.00 51.00 $ 100.00 17.50 $ 155.00 13.55 $ 100.00 49.23 $ 155.00 57.40 $ 100.00 103.85 $ 155.00 26.71 $ 100.00 359.61 $ 1.020.00 United Way 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 S Child Care Gym 0.00 S 0.00 S 0.00 S 0.00 S 0.00 S 0.00 S 0.00 $ 0.00 S 0.00 S FSA Total Deductions Educ. Assist Net Pay 7.50 * $ 7.50 * $ 7.50 * $ 0.00 $ 0.00 $ 7.50 * $ 7.50 $ 7.50 x $ 158.47 * S 184.73 x S 94.52 X S 47.86 X 5 141.74 x S 157.85 X 5 215.86 Is 248.95 S 45.00 $ 1.249.98 S 1,187.68 835.27 780.48 X 403.64 1.089.03 990.23 x 1,514.91 1,086.76 6.553.36 Life Ins Check No. 6636 6637 6638 6639 6640 6641 6642 6643 Long-term Care Taxable Wages for Federal W/H $ 1,150.77 $869.00 $ 702.50 $ 337.95 $ 1,026.54 $ 990.68 $ 1.471.92 1.209.00 $ 7.758.36 Taxable Wages for FICA $ 1,191.15 S 920.00 $ 720.00 $ 351.50 $ 1,075.77 $ 1,048.08 $ 1,575.77 $ 1.235.71 S 8.117.98 Taxable Wages for Federal W/H 0.00 $ $ 673.08 $ 497.89 $ 518.08 $ 420.00 $ 299.00 $320.00 $ 531.25 $365.62 $ 376.25 225.75 $118.98 $ 125.75 $ 615.38 $ 435.76 $460.38 $ 611.54 $ 480.96 $ 511.54 IS 865.38 $ 658.46 $ 710.38 653.85 $ 540.77 4.596.23 $ 3.397.44 32.12 $ 5.00 $ 19.84 $ 0.00 $ 23.33 $ 0.00 S 7.80 $ 0.00 $ 28.54 $ 0.00 $ 31.72 $ 0.00 $ 44.04 S 15.00 $ 34.34 $ 20.00 S 221.73 $ $ 553.85 $ $ $ 3,576.23 $ S ng Taxable Wages for FICA Federal W/H Social Security Tax Medicare W/H State W/H Tax Garnishment 7.51 $ 17.68 $ 4.64 $ 5.46 S 1.82 S 6.68 $ 7.42 IS 10.30 S 8.03 $ 51.86 10.61 $ 12.98 $ 4.22 $ 15.47 $ 17.07 S 23.38 S 19.20 $ $ 120.61 United Way 0.00 S 0.00 S 0.00 $ 0.00 $ 0.00 $ 0.00 IS 0.00 $ 0.00 $ 0.00 S Gym 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ Total Deductions 7.50 $ 7.50 $ 7.50 $ 0.00 $ 0.00 $ 7.50 $ 7.50 $ 7.50 $ 45.00 $ Net Pay 64.81 $ 47.59 * $ 49.27X $ 13.84 * $ 50.69 $ 63.71 $ 85.22 * $ 84.07 * $ 459.20 $ 608.27 x 372.41 X 483.66 X 211.91 x 564.69 X 547.83 X 780.16 x 569.78 X 4,138.71
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