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The following information is for our employee for the week ended November 10. Total hours worked: 52 hours Rate: $22 per hour, with time and
The following information is for our employee for the week ended November 10.
Total hours worked: 52 hours
Rate: $22 per hour, with time and a half for all hours in excess of 40
Federal income tax withheld: $203
Pension deduction: $82
Tax rates: Social security: 6.8%
Medicare tax: 2.8%
Federal unemployment: 1.5%
State Unemployment: 3.2%
REQUIRED: SHOW THE WORK OF HOW YOU CAME UP WITH THE ANSWERS
(a)Determine (1) total earnings, (2) total deductions, and (3) cash paid. Do not need to do the journal entry.(b)Determine each of the employer's payroll taxes related to the earnings for the week ended November 10. Do not need to do the journal entry.
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