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Section C-DIRECTIONS: Complete the following payroll register for employees of Corby Company for the week ended March 1 , 20 -., Taxable earmings should be

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Section C-DIRECTIONS: Complete the following payroll register for employees of Corby Company for the week ended March 1 , 20 -., Taxable earmings should be computed on the basis of a 40 -hour week with overtime earnings being paid at time and one-half for all bours over 40 each workweek (no overtime for salaried employees). Note: Camy each overtime hourly rate out to 3 decimal places and then round off to 2 decimal piaces. All employees' wages are subject to the OASDI tax of 6.2% and the HI tax of 1.45%. The supplemental HI rate of 0.9% is not applicable. Use the partial wage-bracket tables, standard withholding rate schedules, provided to determine the amount of federal income tax to be withheld. For the salaried employees ( $32 and $10 ), use the percentage method table. All workers are employed in a state that imposes a 2% income tax on the gross wages eamed by each worker. (I point for each correct answer-exclude totals row) Section C-DIRECTIONS: Complete the following payroll register for employees of Corby Company for the week ended March 1 , 20 -., Taxable earmings should be computed on the basis of a 40 -hour week with overtime earnings being paid at time and one-half for all bours over 40 each workweek (no overtime for salaried employees). Note: Camy each overtime hourly rate out to 3 decimal places and then round off to 2 decimal piaces. All employees' wages are subject to the OASDI tax of 6.2% and the HI tax of 1.45%. The supplemental HI rate of 0.9% is not applicable. Use the partial wage-bracket tables, standard withholding rate schedules, provided to determine the amount of federal income tax to be withheld. For the salaried employees ( $32 and $10 ), use the percentage method table. All workers are employed in a state that imposes a 2% income tax on the gross wages eamed by each worker. (I point for each correct answer-exclude totals row)

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