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Rags-to-Riches, a clothing resale store, employs one salesperson, Dee Hunter Hunter's straight-time wage is $10 per hour, with time-and-a-half pay for hours above 40. Rags

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Rags-to-Riches, a clothing resale store, employs one salesperson, Dee Hunter Hunter's straight-time wage is $10 per hour, with time-and-a-half pay for hours above 40. Rags - to-Riches withholds income tax (20%). FICA-OASDI (6.2%), and FICA-Medicare (1.45%) from Hunter's pay. Rags-to-Riches also pays payroll taxes for FICA-OASDI (6.2%), FICA-Medicare (1.45%), and state and federal unemployment (5.4% and 0.6%, respectively). During the week ended December 26, Hunter worked 50 hours. Prior to this week, she had earned $2,000 Read the requirements Requirement 1. Compute Hunter's gross pay and net (take-home) pay for the week Begin with the computation of gross pay. (Round all amounts to the nearest whole dollar) no Ind Gross Pay Straight-time pay for 40 hours Overtime pay for 10 hours orp Gross Pay mtps Now calculate net (take home) pay. (Round all amounts to the nearest whole dollar) Gross pay 550 Withholding deductions: Employee income tax Employee OASDI tax https: Which Employee Medicare tax of sto T otal withholdings Choose from any list or enter any number in the input fields and then continue to the next question Peof Which of the Tomowing is an organizational disadvantage of a corporation FICA-OASDI (6.2%), FICA-Medicare (1.45%), and state and federal unemployment (5.4% and 0.6%, respectively). During the unter worked 50 hours. Prior to this week, she had earned $2,000. agents 0 Requirements entry that Rags-to- ounts to the nearest wh a single compoun (Round all amounts to the nearest dollar.) 1. Compute Hunter's gross pay and net (take-home) pay for the week. 2. Record the payroll entries that Rags -to-Riches would make for each of the following: a. Accrual of salaries and wages expense and subsequent payment related to Hunter b. Employer payroll taxes accrual related to Hunter c. Payment of all payroll taxes (employee and employer related) 3. How much was Rags-to-Riches's total payroll expense for the week? Print Done ament 3. How much was Rag mpany's total payroll expense for the week was S L e from any list or enter any number in the input fields and then continue to the next

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