Question
Scenario 4 - Trucker's Diner Complete a 2023 Form W-3 for Trucker's Diner. Mr. Bob Festus Trucker operates Trucker's Diner. His diner is located at
Scenario 4 - Trucker's Diner
Complete a 2023 Form W-3 for Trucker's Diner.
Mr. Bob Festus Trucker operates Trucker's Diner. His diner is located at 2106 Truck Stop Lane, Your City, Your State - Your Zip. His Federal EIN is 10-1234567. His phone number is 555-999- 9999 and his fax number is 555-999-9998. He withheld FIT according to the Form W-4 completed by each employee. Mr. Trucker files Form 941 to report the employees' withholdings.
He made the following payments to his employees:
| Employee | Address | Social Security Number | Gross Pay |
| Grover Smith | 1915SpiceRd. - YC,YS-YZ | 222-00-1111 | $21,000 |
| Bill Gordon | 413 Pollock Rd. - YC, YS - YZ | 333-00-1646 | $18,000 |
| Tom Plummer | 1313 May Apple Ave. - YC, YS - YZ | 869-00-8962 | $18,000 |
| Joy Mathis | 29 N. Philadelphia St. - YC, YS - YZ | 288-00-1234 | $10,000 |
| Ernie Lowe | 401 Woodmont Rd. - YC, YS - YZ | 123-00-8097 | $ 6,400 |
| Angie Schmitt | 401DarstSt. - YC,YS-YZ | 144-00-4748 | $ 5,000 |
He withheld the following amounts from his employees' gross pay:
| Employee | Soc. Security | Medicare | FIT | State | City | Net Pay |
| Smith | $1,302.00 | $ 304.50 | $1,654.00 | $ 787.50 | $210.00 | $16,742.00 |
| Gordon | $1,116.00 | $ 261.00 | $ 989.06 | $ 675.00 | $180.00 | $14,778.94 |
| Plummer | $1,116.00 | $ 261.00 | $ 851.50 | $ 675.00 | $180.00 | $14,916.50 |
| Mathis | $ 620.00 | $ 145.00 | $1,020.40 | $ 375.00 | $100.00 | $ 7,739.60 |
| Lowe | $ 396.80 | $ 92.80 | $ 99.98 | $ 240.00 | $ 64.00 | $ 5,506.42 |
| Schmitt | $ 310.00 | $ 72.50 | $ 61.00 | $ 187.50 | $ 50.00 | $ 4,319.00 |
| Total | $4,860.80 | $1,136.80 | $4,675. |
Answer the following question based on Scenario 4. What is the total amount of wages, tips, and other compensation reported on Form W-3? a) $64,002.46 b) $68,400.00 c) $78,400.00 d) There is no need to file Form W-3.
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Financial and Managerial Accounting
Authors: Horngren, Harrison, Oliver
3rd Edition
978-0132497992, 132913771, 132497972, 132497999, 9780132913775, 978-0132497978
