Question 5 Your answer is partially correct. Try again. Donna Strand's regular hourly wage rate is $24, and she receives an hourly rate of $36 for work in excess of 40 hours. During a January pay period, Donna works 45 hours. Donna's federal income tax withholding is $86, and she has no voluntary deductions. Compute Donna Strand's gross earnings and net pay for the pay period. Assume that the FICA tax rate is 7.65%. (Round answers to 2 decimal places, e.g. 15.25.) Donna's gross earnings T 1,140.00 Donna's net pay 954.79 Question 6 Your answer is partially correct. Try again. Kimberly Strand's regular hourly wage rate is $30, and she receives an hourly rate of $45 for work in excess of 40 hours. During a January pay period, Kimberly works 48 hours. Kimberly's federal income tax withholding is $98.00, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entries to record (a) Kimberly's pay for the period and (b) the payment of Kimberly's wages. Use January 15 for the end of the pay period and the payment date. (Round answers to 2 decimal places, e.g. 15.25. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit (a) Jan. 15 salaries and Wages Expense 1,330 Federal Income Taxes Payable FICA Taxes Payable 101.75 | Salaries and Wages Payable 1138.25 (b) Jan. 15 salaries and Wages Payable 1138.25 i cash Cash 1138.25 Question 7 Your answer is partially correct. Try again. Karen Strand's regular hourly wage rate is $28, and she receives an hourly rate of $42 for work in excess of 40 hours. During a January pay period, Karen works 45 hours. Karen's federal income tax withholding is $90, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entry to record payroll taxes for the period. Ignore unemployment taxes. (Round answers to 2 decimal places, e.g. 15.15. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit x Jan. 15 TSalaries and Wages Payable 1,138.26 X Cash 1,138.26