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Stuck on Calculations, Thank You! Income Hours Production Tax Employee Classification Worked (Units) Manressa, C. Direct Dorr, M. Ginty, D. Norris, D. Rancifer, K. Indirect
Stuck on Calculations,
Thank You!
Income Hours Production Tax Employee Classification Worked (Units) Manressa, C. Direct Dorr, M. Ginty, D. Norris, D. Rancifer, K. Indirect Greer, B. Holbert, R. Indirect Hourly workers are paid time-and-a-half for overtime. a. Determine the net earnings of each employee W/held $ 80 84 110 100 100 240 120 Rate $18.00/hr $17.60/hr 42 48 39 40 40 50 40 Direct Direct Direct 2.000 $.4/piece 1,800 $.44/piece $800/wk $1,600/wk $1,400/wk Indirect Prepare the journal entries for the following 1. Recording the payroll. 2. Paying the payroll. 3. Distributing the payroll. (Assume that the overtime premium b. will be distributed to all jobs worked on during the period.) 4. Recording the employer's payroll taxes. (Assume that none of the employees has achieved the maximum wage bases for FICA and unemployment taxes.)Step by Step Solution
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