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Summary Payroll Data In the following summary of data for a payroll period, some amounts have been intentionally omitted. Calculate the amounts omitted below. Enter
Summary Payroll Data
In the following summary of data for a payroll period, some amounts have been intentionally omitted. Calculate the amounts omitted below. Enter all your answers as positive amounts.
Earnings: | ||
1. At regular rate | $fill in the blank 1 | |
2. At overtime rate | 80,000 | |
3. Total earnings | $fill in the blank 2 | |
Deductions: | ||
4. FICA tax | $32,040 | |
5. Income tax withheld | 136,000 | |
6. Medical insurance | 18,400 | |
7. Union dues | fill in the blank 3 | |
8. Total deductions | $198,000 | |
9. Net amount paid | $336,000 | |
Accounts debited: | ||
10. Wages | $283,000 | |
11. Sales Salaries | $fill in the blank 4 | |
12. Office Salaries | $106,800 |
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