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The following information applies to the questions displayed below] g information is available for the employees of Webber Packing Company for the first week of

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The following information applies to the questions displayed below] g information is available for the employees of Webber Packing Company for the first week of January Year t times her regular rate for hours over 43 per week. Kayla worked 46 hours the first January. Kayla's federal income tax withholding is equal to 10 percent of her gross pay. Webber pays medical week in insurance of $85 per week for Kayla and c pays medical Paula. tributes $49 per week to a retirement plan for her 2 Paula earns a weekly salary of $1.400. Paula's federal income tax withholding is 15 percent of her gross pay. Webber insurance of $135 per week for Paula and contributes $110 per week to a retirement plan for her 3. Vacation pay is accrued at the rate of 2 hours per week (based on the regular pay rate) for Kayla and $70 per the Social Security tax rate is 6.0 percent on the first $110,000 of salaries and the Medicare tax rate is 15 percent Assume of total salaries. The state unemployment tax rate is 5.4 percent and the federal unemployment tax rate is 0.6 percent of the first $7000 of salary for each employee. Required a. Compute the gross pay for Kayla for the first week in January (Round your answer to 2 decimal places) b. Compute the net pay for both Kayla and Paula for the first week in January. (Do not round intermediate calculations. Round your answers to 2 decimal places Kayla Paula c. Prepare the journal entry to record the payment of the payroll for the week. (If no entry is required for a transaction/event, select No journal entry required" in the first account field. Do not round intermediate calculations. Round your answers to 2 decimal places.) d. Prepare the journal entry to record the payroll tax expense and fringe benefit expense for Webber Packing Company for the week Round your answers to 2 decimal places.)

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