Summary Payroll Data

In the following summary of data for a payroll period, some amounts have been intentionally omitted:

Earnings:
	1. At regular rate	?
	2. At overtime rate	$74,800
	3. Total earnings	?
Deductions:
	4. Social security tax	29,940
	5. Medicare tax	7,485
	6. Income tax withheld	127,200
	7. Medical insurance	17,200
	8. Union dues	?
	9. Total deductions	185,000
	10. Net amount paid	$314,000
Accounts debited:
	11. Factory Wages	264,500
	12. Sales Salaries	?
	13. Office Salaries	99,800

Question Content Area

a. Calculate the amounts omitted in lines (1), (3), (8), and (12). Assume that the social security tax rate was 6.0% and the Medicare tax rate was 1.5%.

(1)	$fill in the blank 4249c60a6000f82_1
(3)	$fill in the blank 4249c60a6000f82_2
(8)	$fill in the blank 4249c60a6000f82_3
(12)	$fill in the blank 4249c60a6000f82_4

Question Content Area

b. Journalize the entry to record the payroll accrual. If an amount box does not require an entry, leave it blank.

blank	Employees Income Tax PayableFactory Wages ExpenseFactory Wages PayableSalaries PayableUnion Dues Expense	- Select -	- Select -
	Employees Income Tax PayableSalaries PayableSales Salaries ExpenseSales Salaries PayableUnion Dues Expense	- Select -	- Select -
	Medical Insurance PayableOffice Salaries ExpenseOffice Salaries PayableSalaries PayableUnion Dues Expense	- Select -	- Select -
	CashFactory Wages ExpenseSocial Security Tax ExpenseSocial Security Tax PayableUnion Dues Expense	- Select -	- Select -
	CashMedicare Tax ExpenseMedicare Tax PayableSales Salaries ExpenseUnion Dues Expense	- Select -	- Select -
	CashEmployees Income Tax ExpenseEmployees Income Tax PayableMedicare Tax ExpenseOffice Salaries Expense	- Select -	- Select -
	Accounts PayableCashMedical Insurance ExpenseMedical Insurance PayableSales Salaries Expense	- Select -	- Select -
	Accounts PayableCashFactory Wages ExpenseUnion Dues ExpenseUnion Dues Payable	- Select -	- Select -
	CashFactory Wages ExpenseOffice Salaries ExpenseSalaries PayableSales Salaries Expense	- Select -	- Select -

Question Content Area

c. Journalize the entry to record the payment of the payroll.