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TEST: Chapters 7-8 Calculator The Modica Spa pays its employees time-and-a-half for all hours in excess of 40 hours per week. Employees are paid every
TEST: Chapters 7-8 Calculator The Modica Spa pays its employees time-and-a-half for all hours in excess of 40 hours per week. Employees are paid every Friday. The following information is from the payroll December 4. All employees are single. Number the checks beginning with 213. Compute the Federal Income Tax withholding by using the tables provided in the text. Hours Pay of Health United Cumulative Name Worked Rate Allowances Insurance Way Earnings $8.00 $15,936 D. Ale 429.00 12.00 R. Matso 44 600/wk $10 T. Wils 40 795/ The Social Security tax rate is 6.2% and the Medicare tax rate is 1.45% 87,300 Required 1. Complete the payroll register for this pay period. Round your answers to the nearest cent. Payroll Register for Period Ended Earnings Cumulative Total Federal Income Name Allow. M/S Regular 1. Call 0 D. Allen 1 K. Mari 2 E. Mato 2 T. Wills 5 5 S S Search the web and Windows Social Security Tax Medicare Tax Health Insurance United Way 9 Name Allow. M/S Regular 1. Cal0 D. Allen 1 S Mam 2 Matso 2 s 1. Wilis 3 S 2. Journalize the entry for payroll for this pay period. If an amount box does not require an entry, leave it blank. Page: 3 DATE DESCRIPTION REEDEBIT CREDIT 1 Dec. 4
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