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Question 3, E11-18 (similar to) Hal Sullivan manages a Frosty World drive-in. His straight-time pay is $13 per hour, with time-and-a-half for hours in excess

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Question 3, E11-18 (similar to) Hal Sullivan manages a Frosty World drive-in. His straight-time pay is $13 per hour, with time-and-a-half for hours in excess of 40 per week. Sullivan's payroll deductions include withheld income tax of 40%, FICA tax, and a weekly deduction of $11 for a charitable contribution to United Way. Sullivan worked 52 hours during the week. (Click the icon to view payroll tax rate information.) Read the requirements Requirement 1. Compute Sullivan's gross pay and net pay for the week. Assume earnings to date are $13,000. (Round all amounts to the nearest cent.) Begin by computing Sullivan's gross pay for the week A Requirements Gross Pay 1. Compute Sullivan's gross pay and net pay for the week. Assume earnings to date are $13,000 2. Journalize Frosty World's wages expense accrual for Sullivan's work. An explanation is not required. 3. Journalize the subsequent payment of wages to Sullivan. Print Done More Info x For all payroll calculations, use the following tax rates and round amounts to the nearest cent Employee: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. Employer OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% on all earnings; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. Print Done Choose from any list or enter any number in the input fields and then click Check

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