Question
Regina Garza's regular hourly wage rate is $11.50, and she receives a wage of 1 times the regular hourly rate for work in excess of
Regina Garza's regular hourly wage rate is $11.50, and she receives a wage of 1 times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period, Regina worked 48 hours. Her gross earnings prior to the current week were $7,800. Regina is married and claims three withholding allowances. Her only voluntary deduction is for group hospitalization insurance at $30 per week. MARRIED Persons - WEEKLY Payroll Period (For Wages Paid through December 2017) If the wages are- And the number of withholding allowances claimed is But At 0 1 2 3 4 5 6 7 8 9 10 less least than 500 510 34 510 520 35 520 530 37 530 540 540 550 40 + w w w w 27 19 11 28 20 12 29 21 13 38 30 31 23 550 560 41 32 24 560 570 43 33 25 17 570 580 44 34 580 590 46 35 590 600 47 36 600 610 620 630 52 630 640 640 650 55 44 650 660 670 559 SSSSS 610 49 38 29 21 14 620 50 39 41 31 53 42 660 56 45 34 58 47 35 670 680 59 48 37 680 690 61 50 38 690 700 62 51 40 222222 2033333332 14 0 0 15 0 The amount of income tax to be withheld is 22 45678 000 0 0 0 0 0 0 0 0 0 0 0 0 - 0 16 9 0 10 26 18 11 27 19 12 4 28 20 13 5 0 0 O O O O O O O O 123 + 0 0 0 0 0 0 0 0 0 0 22222 15 24 23 16 17 25 67 4 5 6 700 0 8 0 1 a 9 18 10 23 0 0 O O O 0 0 0 0 0 0 NNNN 27 20 28 29 30 22222 26 19 11 12 21 13 6 14 7 23 15 8 0 0 0 000 O O O O O 45 0 0 0 0 0 0 0 Compute the following amounts for Regina's wages for the current week. (Round FICA taxes, State income taxes and Net pay answers to 2 decimal places, e.g. 52.55.) (1) Gross earnings. (2) FICA taxes. (Assume a 7.65% rate on maximum of $127,200.) (3) Federal income taxes withheld. (4) State income taxes withheld. (Assume a 2.0% rate.) (5) Net pay. $ +A $ Record Regina's pay. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.) Account Titles and Explanation Debit Credit
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