Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The monthly and hourly wage schedule for the employees of Quirk, Inc., follows. No employees are due overtime pay. Round your answers to nearest cent.

image text in transcribed

The monthly and hourly wage schedule for the employees of Quirk, Inc., follows. No employees are due overtime pay. Round your answers to nearest cent. Compute the following for the last monthly pay of the year: a. The total wages of each part-time employee for December 20--. b. The OASDI and HI taxable wages for each employee. c. The FICA taxes withheld from each employee's wages for December. d. Totals of columns. (Totals should include both full-time and part-time employees.) e. The employer's FICA taxes for the month. OASDI HI Taxable Employees Total Monthly Payroll OASDI Taxable Wages HI Tax Tax Wages Full-Time Office: Adaiar, Gene $1,385.00 $ $ Crup, Jason 1,300.00 Essex, Joan 1,870.00 Garza, Irma 1,850.00 Leason, Mel 1,895.00 Pruit, Marne 6,815.00 Rubble, Deanne 2,355.00 Simpson, Dick 3,920.00 HII Truap, Ann 5,080.00 Wilson, Trudy 1,520.00 The monthly and hourly wage schedule for the employees of Quirk, Inc., follows. No employees are due overtime pay. Round your answers to nearest cent. Compute the following for the last monthly pay of the year: a. The total wages of each part-time employee for December 20--. b. The OASDI and HI taxable wages for each employee. c. The FICA taxes withheld from each employee's wages for December. d. Totals of columns. (Totals should include both full-time and part-time employees.) e. The employer's FICA taxes for the month. OASDI HI Taxable Employees Total Monthly Payroll OASDI Taxable Wages HI Tax Tax Wages Full-Time Office: Adaiar, Gene $1,385.00 $ $ Crup, Jason 1,300.00 Essex, Joan 1,870.00 Garza, Irma 1,850.00 Leason, Mel 1,895.00 Pruit, Marne 6,815.00 Rubble, Deanne 2,355.00 Simpson, Dick 3,920.00 HII Truap, Ann 5,080.00 Wilson, Trudy 1,520.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Fundamentals For Health Care Management

Authors: Steven A. Finkler, David M. Ward, Thad Calabrese

3rd Edition

1284124932, 9781284124934

More Books

Students also viewed these Accounting questions