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The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 2018: Employee Hours Worked Hourly Weekly Rate
The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 2018: Employee Hours Worked Hourly Weekly Rate Salary Federal Income Tax Retirements Savings Aaron 48 $30 $358.801 $50 Cobb 44 42 415.38 70 Clemente 42 26 212.42 100 DiMaggio 38 40 319.2 105 Griffey, Jr. 45 38 379.05 110 Mantle $2,310 554.40 70 Robinson 35 34 178.50 100 Williams 2,590 569.80 75 Vaughn 41 46 381.80 80 Employees Mantie and Williams are office staff, and all of the other employees are sales personnel. All sales personnel are paid 1% times the regular rate for all hours in excess of 40 hours per week. The social security tax rate is 6%, and Medicare tax is 1.5% of each employee's annual earnings. The next payroll check to be used is No. 901. Required: 1. Prepare a payroll register for Throwback Industries Inc. for the week ended December 9, 2018. Assume the normal working hours in a week are 40 hours. Enter amounts as positive numbers. Round your intermediate calculations and final answers to the nearest whole cent (two decimal places). Payroll for Week Ending December 9, 2018
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