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Sheridan Company has the following data for the weekly payroll ending January 31. Hours Employee M T W T F S Hourly Rate Federal
Sheridan Company has the following data for the weekly payroll ending January 31. Hours Employee M T W T F S Hourly Rate Federal Income Tax Withholding Health Insurance L. Helton 8 8 9 8 10 2 $12 $34 $10 R. Kenseth 7 8 7 7 8 4 14 38 26 D. Tavaras 10 11 8 8 9 9 0 15 55 27 Employees are paid 1.50 times the regular hourly rate for all hours worked in excess of 40 hours per week. FICA taxes are 7.65% on the first $132,900 of gross earnings. Sheridan Company is subject to 5.40% state unemployment taxes and 0.60% federal unemployment taxes on the first $7,000 of gross earnings. Prepare the payroll register for the weekly payroll. (Round answers to 2 decimal places, e.g. 15.25.) Earnings Employee Total Hours Regular Overtime Gross L. Helton $ R. Kenseth D. Tavaras Totals tA $ $ SU $ Gross Pay SHERIDAN COMPANY Payroll Register For the Week Ending January 31 FICA Taxes $ $ Deductions Federal Income Taxes Health Insurance SA $ $ $ $ SUPPORT Deductions Lome Taxes Health Insurance $ $ EA SA Total $ EA Net Pay $ EA
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