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Town Company had the following partially completed payroll register: E (Click the icon to view the partial payroll register.) i (Click the icon to view
Town Company had the following partially completed payroll register: E (Click the icon to view the partial payroll register.) i (Click the icon to view payroll tax rate information.) Read the requirements. -.. Requirement 1. Complete the payroll register. Round to two decimals. (Round all amounts to the nearest cent. Abbreviations used: Beg. = Beginning, Cum. = Cumulative, Earn. = Earnings, Exp. = Expense; Med. = Medicare; Ins. = Insurance; With. = Withholdings; Chk = Check.) Earnings Withholdings - More info Salaries Beg. and Current Ending Period Cum. Cum. Income Health United Total Net Chk Wages For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Pay No. Exp. Employee 801 802 Earn. Earn. Earn. OASDI Med. Tax Ins. Way With. $ 84,000 $ 4,500 $ 88,500 $ 279.00 $ 65.25 $ 1,665 $ 90 S 15 $ 2.114.25 131,000 6,500 137,500 94.25 1,430 130 45 58,000 3,500 61,500 217.00 50.75 1,295 70 0 1,632.75 62,500 4,400 66,900 272.80 63.80 968 88 30 1.422.60 0 5.000 5,000 310.00 72.50 1.100 100 0 0 1,582.50 OASDI: 6.2% on first $132,900 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. OASDI: 6.2% on first $132,900 earned, Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned Employer 803 804 805 $ 335,500 $ 23,900 $359,400 $ 346.55 $ 6,458 $ 478 $ 90 Print Done
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