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ULUI. TUJU, ILUL TOPIO E11-18 (similar to) Question Help Harold Stanton manages a Dairy King drive-in. His straight-time pay is $19 per hour, with time-and-a-half
ULUI. TUJU, ILUL TOPIO E11-18 (similar to) Question Help Harold Stanton manages a Dairy King drive-in. His straight-time pay is $19 per hour, with time-and-a-half for hours in excess of 40 per week. Stanton's payroll deductions include withheld income tax of 30%, FICA tax, and a weekly deduction of $6 for a charitable contribution to United Way. Stanton worked 57 hours during the week. A (Click the icon to view payroll tax rate information.) Read the requirements. Requirement 1. Compute Stanton's gross pay and net pay for the week. Assume earnings to date are $8,000. (Round all amounts to the nearest cent.) Begin by computing Stanton's gross pay for the week. A - Requirements X More Info X - Straight-time pay for 40 hours Overtime pay for 17 hours Gross Pay For all payroll calculations, use the following tax rates and round amounts to the nearest cent: 1. Compute Stanton's gross pay and net pay for the week. Assume earnings to date are $8,000 2. Journalize Dairy King's wages expense accrual for Stanton's work. An explanation is not required. 3. Journalize the subsequent payment of wages to Stanton. Employee: Employer OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% on all earnings, FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned Print Done Print Done Choose from any list or enter any number in the input fields and then click Check Answer. 3 parts 5 remaining Clear All Check
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