The bookkeeper of

Oysy

Co. gathered the following data from individual employee earnings records and daily time cards. Your task is to complete a payroll register on

October

13.

(Round deductions to the nearest cent as needed. If an input field is not used in the table leave the field empty; do not enter a zero. Abbreviations used: YTD = Year to date, FIT = Federal Income Tax, SIT = State Income Tax.)

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Part 1

			Earnings		Taxable Earnings
Employee Name	Marital Status	Prior Earnings (YTD)	Regular	Overtime	Gross	Current Earnings (YTD)	FUTA/ SUTA	Social Security
Rock, P.	Married and filing jointly	15000	620		620	2120
Love, D.	Single	16500	476		476	16976
Chen, R.	Married and filing jointly	141900	600	225	825	142725
Vent, J.	Single	17500	1000	225	1225	18725
Total		190900	2696	450	3146	180546

Part 2

	Deductions		Distribution of Expense
Employee Name	Social Security	Medicare	FIT	SIT	Charitable Contributions	Net Pay	Sales	Office
Rock, P.
Love, D.
Chen, R.
Vent, J.
Total

Assume the following:

1.	FICA Social Security is 6.2% on $142,800; FICA Medicare is 1.45% on all earnings.
2.	Federal income tax has been calculated from a weekly table for you. There are no state income taxes.
3.	Each employee contributes $32 weekly for charitable contributions.
4.	Overtime is paid at a rate of 1.5 over 40 hours.
5.	Rock and Chen work in the office; the other employees work in sales.

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			Daily Time
Employee	Marital Status	Cumulative Earnings Before This Payroll	Monday	Tuesday	Wednesday	Thursday	Friday	Hourly Rate of Pay	Federal Income Tax (FIT)
Rock, Preston	Married, filing jointly	$15,000	8	6	6	6	5	$20	$13.70
Love, Denise	Single	16,500	6	7	7	4	4	17	23.50
Chen, Ron	Married, filing jointly	141,900	7	11	11	12	9	15	34.20
Vent, Jonathan	Single	17,500	9	10	7	11	9	25	134.64

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