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they didn't provide anymore information for the two problems those are the only info i have for them > Renee Baldwin works at College of
they didn't provide anymore information for the two problems those are the only info i have for them
> Renee Baldwin works at College of Seattle and is paid $50 per hour for a 40-hour workweek and time-and-a-half for hours above 40. Click the icon to view payroll tax rate information) Read the requirements Requirement 1. Compute Baldwin's gross pay for working 54 hours during the first week of February Gross Pay More Info For all payroll calculations, use the following tax rates and round amounts to the nearest cent Employee OASDI: 6.2% on first $132.900 camed: Medicare: 1.45% up to $200,000, 2.36% on earnings above $200,000 Employer OASDI: 6.2% on first $132.900 camed; Medicare: 1.45%; FUTA: 0.0% on first $7,000 eamed: SUTA: 5.4% on first $7,000 earned Print Done Renee Baldwin works at College of Seattle and is paid $50 per hour for a 40-hour workweek and time-and-a-half for hours above 40. Click the icon to view payroll tax rate information) Read the requirements Requirement 1. Computo Baldwin's gross pay for working 54 hours during the first week of February Requirements Gross Pay Requirements 1. Compute Baldwin's grous pay for working 54 hours during the first week of February 2. Baldwin is single, and her income tax withholding is 15% of total pay Baldwin's only payroll deductions are payroll taxes Compute Baldwin's net (take-home) pay for the week. Assume Baldwin's earings to date are less than the OASDI limit 3. Journalize the accrual of wages expense and the payments related to the employment of Renee Baldwin Print Done Brooke Bailey works for MRK all year and earns a monthly salary of $12,100. There is no overtime pay, Brooke's income tax withholding rate is 24% of gross pay. In addition to payroll taxes, Brooke elects to contribute 1% monthly to United Way, MRK also deducts $275 monthly for co-payment of the health insurance premium As of September 30, Brooke had $121,000 of cumulative earnings Click the icon to view payroll tax rate information) Read the requirements Requirement 1. Computer Brooke's net pay for October (Round all amounts to the nearest cont.) Withholding deductions: Net (take-home) pay * More Info For all payroll calculations, use the following tax rates and round amounts to the noorest cent Employee OASDE: 6.2% on first $132.900 camed: Medicare 145% up to $200,000, 2.35% on earnings above $200,000 Employer CASDI: 6.2% on fint $132,900 camed; Medicare: 1.45%, FUTA 0.6% on first 57.000 camed, SUTA: 5.4% on first $7,000 earned Print Choose from a Done Help Brooke Bailey works for MRK all year and eams a monthly salary of $12,100. There is no overtime pay. Brooke's income tax withholding rate is 24% of gross pay. In addition to payroll taxes, Brooke elects to contribute 1% monthly to United Way. MRK als deducts $275 monthly for co-payment of the health insurance premium. As of September 30, Brooke had $121,000 of cumulative earnings Click the icon to view payroll tax rate information.) Read the requirements Requirement 1. Compute Brooke's net pay for October. (Round all amounts to the nearest cent.) Withholding deductions: Net (take-home) pay * Requirements 1. Compute Brooke's not pay for October 2. Journalize the accrual of stories expense and the payment related to the employment of Brooke Bailey Print Done Step by Step Solution
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