Problem 11-3A

Mann Hardware has four employees who are paid on hourly basis plus time-and-a-half for all hours worked in excess of 40 a week. Payroll data for the week ended MArch 15, 2014, are presented below.

Employee	Hours worked	Hourly rate	Federal Income Tax witholdings	United Fund
Ben Abel	40	$15	$?	$5.00
Rita Hager	41	16	?	5.00
Jack Never	44	13	60.00	8.00
Sue Perz	46	13	61.00	5.00

Abel and Hager are married. They claim 0 and 4 witholding allowances, respectively. The following tax rates are applicable: FICA 7,65%, state income taxes 3%, state unemployment taxes 5.4%, and federal unemployment 0.8%.

A. Prepare a payroll register for the weekly payroll. (use the wage-bracket witholding table in the text for Federal income tax witholdings).

B. Journalize the payroll on March 15, 2014, and the accrual of employer payroll taxes.

C. Journalize the payment of the payroll on March 16, 2014.

D. Journalize the deposit in a Federal Reserve bank on March 31, 2014, of the FICA and Federal income taxes payable to the government.