The Bodyworks Workout Spa pays its employees time and half for all hours in excess of 40 hours per week.

Employees are paid every Friday.The following information is from the payroll register for December 27,the ast pay period-of this calendar year

Complete the following payroll register using the wage tax bracket tables in the book to calculateFIT, and assume the SS rate is 6.2% on the first $127,200 of wages and Medicare at rate of1.45%on all wages.

Theemployerhasafederalunemploymentrateof0.6%andstateunemploymentof5.4%onthefirst$7000

The Bodyworks Workout Spa pays its employees lime and half for all hours in excess of 40 hours per week. Employees are paid every Friday. The following information is from the payroll register for December 27, the last pay period of this calendar year. Complete the following payroll register using the wage tax bracket tables in the book to calculate FIT, and assume the SS rate is 6.2% on the first $127,200 of wages and Medicare at a rate of 1.45% on all wages. The employer has a federal unemployment rate of 0.6% and state unemployment of 5.4% on the first $7000 of wages. Prepare journal entries to record the employee's payroll for the week, AND the entry to record the employer's tax liability. Eamings Taxable Earnings Deductions W/H Pay Hours Beginning Regular Overtime Total Ending Social Fed Social Net Name Status Medicare Total Allow Rate Worked Cumulative Pay Pay Pay Cumulative Security Unemploy Eamings W/H Security Deductions Pay Earnings Tyler M 28.5 127,000 Amanda S 12.5 40 56, 841 Nicole M 2 7.25 42 2,150 Tolals Taxable Wages Rate Employer's Liability Employers FUTA Taxes 0.60% Employers SUTA Taxes X 5.40% X Employers SS Taxes 6.20% X Employers Medicare Taxes 1.45% General Journal Date Description Debit Credit Date Description Debit Credit Records the Employee's Payroll Entry Here (wages Expense) Record the Employer's Payroll Tax Liability Here (payroll Tax expense)