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River Company had the following partially completed payroll register: (Click the icon to view the partial payroll register.) (Click the icon to view payroll tax
River Company had the following partially completed payroll register: (Click the icon to view the partial payroll register.) (Click the icon to view payroll tax rate information.) Read the requirements. Requirement 1. Complete the payroll register. Round to two decimals. (Round all amounts to the nearest cent. Abbreviations used: Beg. = With. = Withholdings; Chk = Check.) = Earnings Withholdings Salaries Beg. Current Ending and Cum. Period Cum. Income Health United Total Net Chk Wages Earn. Earn. Earn. OASDI Med. Tax Ins. Way With. Pay No. Exp. 88000 $ 880 $ 80 $ 25 801 $ 84,000 $ 4,000 128,000 8,000 136000 1,920 160 30 802 35,000 3,500 38500 770 70 0 803 64,500 4,100 68600 984 82 20 804 0 5,000 5000 1,200 100 0 805 $ 311,500 $ 24,600 336100 $ 5,754 $ 492 $ 75 Data table Earnings Withholdings Salaries Current Ending and Beginning Cumulative Period Cumulative Income Health United Total Net Check Wages Expense Earnings Earnings Earnings OASDI Medicare Tax Insurance Way Withholdings Pay No. 84,000 $ 4,000 $ 880 $ 80 $ 25 801 128,000 8,000 1,920 160 30 802 35,000 3,500 770 70 0 803 64,500 4,100 984 82 20 804 0 5,000 1,200 100 0 805 $ 311,500 $ 24,600 $ 5,754 $ 492 $ 75 Print Done More info For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. OASDI: 6.2% on first $132,900 earned; Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. Employer: Print Done
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