Questions 13-16

as- chapter 13 Revien en for woForess Company timated tt its paynoll for the year would be 541z.o0o Te would include a ournal entry made a credit to b. credit to Workers" e. debit to Workers Compensation Insurance Payable for S3 d. debit to Workers' Compensation Insurance Expense for $32 The three basic a. FICA, FUTA, and SUTA to Workers Compensation Insurance Eixpense for $1.68o Compensation Insurance Payable for $1,680 14. payroll taxes imposed on employers are FICA. FUTA, and state incone tax FICA, state income tax, and federal income tax. FUTA, SUTA, and wor d. kers' compensation Problem 16. The following information is for the five employees of Jenson Company Current Week's Prior Gross Earnings thve 29.60 562.00 815.00 693.00 711.80 Cleveland J. Fortney L. Hanu A. Perez 4,623.00 6,408.00 6.700.00 8,265.85 M. Yang (a) Calculate the FICA-OASDI, FICA-HI, FUTA, and SUT A taxes that the employer owes for the SUTA. Consider the taxable wage base for FUTA and SUTA when you make your total payroll this week. Use rates of 62% for F1 and 3.8% for calculations. CA-OASDI, 1.45% for FICA-HI, o.8% for RTA, FUTA TaxableSUTA Taxable FICA Taxable Earnings OASDI HI FUTA SUTA T. Cleveland . Fortney L. Hanu A.Perez M. Yang Total Taxable Earnings Tax Rate Total Tax Owed as- chapter 13 Revien en for woForess Company timated tt its paynoll for the year would be 541z.o0o Te would include a ournal entry made a credit to b. credit to Workers" e. debit to Workers Compensation Insurance Payable for S3 d. debit to Workers' Compensation Insurance Expense for $32 The three basic a. FICA, FUTA, and SUTA to Workers Compensation Insurance Eixpense for $1.68o Compensation Insurance Payable for $1,680 14. payroll taxes imposed on employers are FICA. FUTA, and state incone tax FICA, state income tax, and federal income tax. FUTA, SUTA, and wor d. kers' compensation Problem 16. The following information is for the five employees of Jenson Company Current Week's Prior Gross Earnings thve 29.60 562.00 815.00 693.00 711.80 Cleveland J. Fortney L. Hanu A. Perez 4,623.00 6,408.00 6.700.00 8,265.85 M. Yang (a) Calculate the FICA-OASDI, FICA-HI, FUTA, and SUT A taxes that the employer owes for the SUTA. Consider the taxable wage base for FUTA and SUTA when you make your total payroll this week. Use rates of 62% for F1 and 3.8% for calculations. CA-OASDI, 1.45% for FICA-HI, o.8% for RTA, FUTA TaxableSUTA Taxable FICA Taxable Earnings OASDI HI FUTA SUTA T. Cleveland . Fortney L. Hanu A.Perez M. Yang Total Taxable Earnings Tax Rate Total Tax Owed