The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8: Employee Hours Worked Hourly Rate Weekly Salary Federal Income Tax Retirement Savings Aaron 43 $70 $689.44 $100 Cobb 43 58 539.92 110 Clemente 45 64 668.44 120 DiMaggio 39 52 377.80 0 Griffey, Jr. 48 64 749.08 130 Mantle $1,700 317.45 120 Robinson 38 53 387.32 130 Williams 2,100 426.24 125 Vaughn 48 64 770.08 80 Employees Mantle 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 6.0%, and Medicare tax is 1.5% of each employees 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, 20Y8. Assume the normal working hours in a week are 40 hours. Enter amounts as positive numbers and round your intermediate calculations and final answers to the nearest whole cent (two decimal places). 2. Journalize the entry to record the payroll for the week. If required, round your answers to two decimal places. Refer to the Chart of Accounts for exact wording of account titles. 1. Prepare a payroll register for Throwback Industries Inc. for the week ended December 9, 20Y8. Assume the normal working hours in a week are 40 hours. Enter amounts as positive numbers and round your intermediate calculations and final answers to the nearest whole cent (two decimal places). Score: 34/315 Payroll for Week Ending December 9, 20Y8 1 Earnings Earnings Earnings Deductions Deductions Deductions Deductions Deductions Paid Paid Account Debited Account Debited 2 Employee Total Hours Regular Overtime Total Social Security Tax Medicare Tax Federal Income Tax Retirement Savings Total Net Pay Ck. No. Sales Salaries Expense Office Salaries Expense 3 Aaron 43.00 $689.44 $100.00 #901 4 Cobb 43.00 539.92 110.00 #902 5 Clemente 45.00 668.44 120.00 #903 6 DiMaggio 39.00 377.80 #904 7 Griffey, Jr. 48.00 749.08 130.00 #905 8 Mantle 317.45 120.00 #906 9 Robinson 38.00 387.32 130.00 #907 10 Williams 426.24 125.00 #908 11 Vaughn 48.00 770.08 80.00 #909 12 $4,925.77 $915.00 2. Journalize the entry to record the payroll for the week. If required, round your answers to two decimal places. Refer to the Chart of Accounts for exact wording of account titles. Question not attempted. PAGE 1 JOURNALACCOUNTING EQUATION Score: 0/85 DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 3 4 5 6 7