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The Bodyworks Workout Spa pays ts empleyees time and haif for all hours in excess of 40 hours per week Employees are paid every Friday.

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The Bodyworks Workout Spa pays ts empleyees time and haif for all hours in excess of 40 hours per week Employees are paid every Friday. The following information is from the payroil register for December 27, the ls pay peniod of this calendar year Complete the following payroll tegister using the wage tax bracket tables in the bock to cakculate FIT, an assume the SS rato s 6 2% on the frst $127,200 of wages and Medicaro at a tale of 1 45% an 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 repord he empbyee's payrell for the week, AND the entry to record the employer's tax Tability WHPay AllowRate Worked Beginning Endng Social Rae Worked CumulativeReguiar 428.5 Name Status Payamings UnemployHSecurity Pay Deductions Pay Eamings Securty UnemploySocia 27,000 56,841 2,150 Ananda S 27.25 42 Totails Taxable Wages Employer's Liability Employers FUTA Taxes Ensployers SUTA Taxes Employers SS Taxes Employers Medicare Taxes 0.60% 6.20% 1.45% Records the Empleye's Paytol Erry Here (wages Expense) Record the Employe's Payroll Tax Liabiity Here (payroll Tax expense)

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