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Required Information [The following information applies to the questions displayed below] The following information is available for the employees of Webber Packing Company for the

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Required Information [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 Yeart 1. Kayla earns $27 per hour and 1/2 times her regular rate for hours over 38 per week. Kayla worked 45 hours the first week in January, Kayla's federal income tax withholding is equal to 9 percent of her gross pay. Webber pays medical Insurance of $90 per week for Kayla and contributes $55 per week to a retirement plan for her 2 Paula earns a weekly salary of $1,450. Paula's federal income tax withholding is 15 percent of her gross pay. Webber pays medical Insurance of $100 per week for Paula and contributes $110 per week to a retirement plan for her. 3. Vacation pay is accrued at the rate of 2 hours per week (based on the regular pay rate) for Kayla and $80 per week for Paula Assume the Social Security tax rate is 6.0 percent on the first $110,000 of salaries and the Medicare tax rate is 15 percent of total salaries. The state unemployment tax rate is 5.4 percent and the federal unemployment tax rate is 0.6 percent of the first $7,000 of salary for each employee. c. Prepare the journal entry to record the payment of the payroll for the week. (If no entry is required for a transaction/event, selec "No journal entry required" In the first account field. Do not round Intermediate calculations. Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 1 Record the entry for payment of the payroll for the week. Note: Enter debits before credits Date General Journal Debit Credit Jan. Record entry Clear entry View general journal

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