Required information

Problem $9-24$A $($Static$)$ Computation of net pay and payroll expense LO $9-5$

Skip to question

$[$The following information applies to the questions displayed below.$]$

The following information is available for the employees of Webber Packing Company for the first week of January Year $1$:

Kayla earns $$28$ per hour and $1(1)/(2)$ times her regular rate for hours over $40$ per week. Kayla worked $52$ hours the first week in January. Kayla$$s federal income tax withholding is equal to $15$ percent of her gross pay. Webber pays medical insurance of $$50$ per week for Kayla and contributes $$50$ per week to a retirement plan for her.

Paula earns a weekly salary of $$1,600.$ Paula$$s federal income tax withholding is $18$ percent of her gross pay. Webber pays medical insurance of $$80$ per week for Paula and contributes $$100$ per week to a retirement plan for her.

Vacation pay is accrued at the rate of $2$ hours per week $($based on the regular pay rate$)$ for Kayla and $$60$ per week for Paula.

Assume the Social Security tax rate is $6$ percent on the first $$110,000$ of salaries and the Medicare tax rate is $1\mathrm{.}5$ percent of total salaries. The state unemployment tax rate is $5\mathrm{.}4$ percent and the federal unemployment tax rate is $0\mathrm{.}6$ percent of the first $$7,000$ of salary for each employee.

Problem $9-24$A $($Static$)$ Part c

c$.$ Prepare the journal entry to record the payment of the payroll for the week.

Note: If no entry is required for a transaction or event, select $"$No journal entry required" in the first account field. Do not round intermediate calculations. Round your answers to $2$ decimal places.