Unit 24 Payroll Records (Assignment - 5 pages) v3 (3)doo Compatibility Mode Tara Okeefe Tell me what you want to do Comments File Design References Mailings Review View Help Share Home Insert Draw Layout OFind XCut A A Aa Ap Cambria (Headin 11 AaBbCcD AaBbC AaBbCc AaBbCcD AaBbCcD Replace Paste Copy Dictate Heading 4 I Uax, x A -A Bady Text Heading 1 Heading 2 Heading 3 Select Format Painten Clipboard Paragraph Styles Editing Voice Font payroll deductions; payroll records that companies keep; and payroll taxes and tax forms that companies are required to prepare. ASSIGNMENT 24 Problem 24-1: Compute gross pay. Using the information given for Archway Company, compute the employees' gross pay for the payroll week ending July 14 and the year-to-date gross pay as of July 14. Employees receive time-and-a-half for overtime hours (fill in the shaded areas). Year-to-Date Gross Pay Employee Hours Worked Gross Pay Pay per Hour Number Regular Overtime As of July 7 $23,200.80 29,269.60 As of July 14 $16.80 38 C 1 40 0 22.40 40 2 19.20 24,735.60 40 3 24.80 33,665.20 28,826.40 16,540.60 40 21.20 14.80 6 40 4 , 12506 1158 words CE Page 1 of 5 6:47 PM O Type here to search 6/28/2019 Unit 24 Payroll Records (Assignment - 5 pages) v3 (3)doo Compatibility Mode Tara Okeefe Tell me what you want to do Comments File Design References Mailings Review View Help Share Home Insert Draw Layout OFind Cut 9 A A Aa- A Arial AaBbCcD AaBhC AaBbCc AaBbCcD AaBbCcD Replace Paste LCopy EE Dictate Heading 4 I Xx A- A Bady Text Heading 1 Heading 2 Heading 3 Select Format Painter Clipboard Paragraph Styles Editing Voice Font Problem 24-2: Prepare a Payroll Register. Using the information below, complete the Payroll Register for Archway Company for the week ending December 3 (fill in the shaded areas). Start with check number 268. FIT and SIT taxes are already computed and entered. Check Wages amounts on Page 1 of the Payroll Register with those listed on Page 2 below before computing deductions and net pay All the employees (other than Ed Lynch and Jack Rider) are not near the OASDI ceiling of $18,500 so all of their current wages will be taxed at the DASDI rate of 6.2 % . ar's maximum FICA taxable social security OASDI income prior to this week. reached the Jack Rider's year-to-date gross pay at the end of the previous payroll week was $1,720 short of the year's maximum FICA social security OASDI taxable income All of the employees contribute $10 per week for union dues and $20 per week for health insurance plan premiums. Ed Lynch and Jack Rider also have $25 deducted each week for the purchase of a saving bond. PAYROLL REGISTER Page 1 Employee's Narme Allowances Hours of Work EARNINGS Rate of Marit Rec S Total Other Wages SM R F Total Wages W Status Pav Regular Pay Overtime Pay Fodaral State 1our Art, Bert Eiden, Sue Lynch, Ed Ruiz, Jean S15 1. Single Single Single 1 5 5 5 F 30 18 1 8 7 4 44 60 24 3 8 8 8 . Single Single Single Single 7 8 4 88 6C Rider, Jack 44 Sparr. Tom Vell, Lori 18 | 8 8 2 8 8 0 40 24 When 1 s column Completed, check amounts with the total wages In the table below and then complete the following table PAYROLL REGISTER Page 2 Page 2 of 5 1158 nrds 1150 6:48 PM Type here to search f 6/28/2019 Unit 24 Payroll Records (Assignment - 5 pages) v3 (3)doo Compatibility Mode Tara Okeefe Tell me what you want to do Comments File Design References Mailings Review View Help Share Home Insert Draw Layout OFind XCut 9 A A Aa- A AaBbCcD AaBbC AaBbCc AaBbCcD AaBbCcD Arial Replace Paste LCopy Dictate X, xA- -A Heading 4 Bady Text Heading 1 Heading 2 Heading 3 BIU Select Format Painter Clipboard styles Editing Voice S2D ueuuceu ean weUK IOI ne purcnase a suvinu uuiu. PAYROLL REGISTER Page 1 Hours of Work Employee's Name Allowances EARNINGS Marital S Regular Rate of Total Wages M T W Other Wages Status Pav Reqular Pay Overtime Pay Federal Slate Hours 5 5 5 6 $15 Art, Bert Eiden, Sue Lynch, Ed Ruiz, Jean 1 Single 25 6 L0 1 18 Single Single 6 6 30 8 4 8 8 60 44 Single 6 7 8 0 Sparr Tom Single Single F 8 37 18 1 Vell, Lori 8 8 8 0 40 24 "When this column is completed, check the amounts with the total wages in the table below and then complete the following table PAYROLL REGISTER Employee's Tota Total Net Pay FICA FICA HI FIT SIT DEDUCTIONS Ch z abBd OASDI Tax Withheld Name Wages Withheld Union Dues Deductions Savings Bonds Health Plans $ 375.00 54.30 13.80 Art, Bert Eiden, Sue 540.00 67.20 15.30 2 Ruiz, Jean Rider, Jack Sparr. Tom Vell, Lori 174.30 1,068.00 31.80 2.760,00 456,00 73.20 666.00 24.00 93.60 960,00 57.60 30.00 1158 words R Page 2 of 5 1150 6:48 PM O Type here to search f 6/28/2019 Unit 24 Payroll Records (Assignment - 5 pages) v3 (3)doo Compatibility Mode Tara Okeefe Tell me what you want to do Comments File Design References Mailings Review View Help Share Home Insert Draw Layout OFind XCut A A Aa Ap Cambria (Headin 11 AaBbCcD AaBbC AaBbCc AaBbCcD AaBbCcD Replace Paste Copy Dictate Heading 4 I Uax, x A -A Bady Text Heading 1 Heading 2 Heading 3 Select Format Painten Clipboard Paragraph Styles Editing Voice Font payroll deductions; payroll records that companies keep; and payroll taxes and tax forms that companies are required to prepare. ASSIGNMENT 24 Problem 24-1: Compute gross pay. Using the information given for Archway Company, compute the employees' gross pay for the payroll week ending July 14 and the year-to-date gross pay as of July 14. Employees receive time-and-a-half for overtime hours (fill in the shaded areas). Year-to-Date Gross Pay Employee Hours Worked Gross Pay Pay per Hour Number Regular Overtime As of July 7 $23,200.80 29,269.60 As of July 14 $16.80 38 C 1 40 0 22.40 40 2 19.20 24,735.60 40 3 24.80 33,665.20 28,826.40 16,540.60 40 21.20 14.80 6 40 4 , 12506 1158 words CE Page 1 of 5 6:47 PM O Type here to search 6/28/2019 Unit 24 Payroll Records (Assignment - 5 pages) v3 (3)doo Compatibility Mode Tara Okeefe Tell me what you want to do Comments File Design References Mailings Review View Help Share Home Insert Draw Layout OFind Cut 9 A A Aa- A Arial AaBbCcD AaBhC AaBbCc AaBbCcD AaBbCcD Replace Paste LCopy EE Dictate Heading 4 I Xx A- A Bady Text Heading 1 Heading 2 Heading 3 Select Format Painter Clipboard Paragraph Styles Editing Voice Font Problem 24-2: Prepare a Payroll Register. Using the information below, complete the Payroll Register for Archway Company for the week ending December 3 (fill in the shaded areas). Start with check number 268. FIT and SIT taxes are already computed and entered. Check Wages amounts on Page 1 of the Payroll Register with those listed on Page 2 below before computing deductions and net pay All the employees (other than Ed Lynch and Jack Rider) are not near the OASDI ceiling of $18,500 so all of their current wages will be taxed at the DASDI rate of 6.2 % . ar's maximum FICA taxable social security OASDI income prior to this week. reached the Jack Rider's year-to-date gross pay at the end of the previous payroll week was $1,720 short of the year's maximum FICA social security OASDI taxable income All of the employees contribute $10 per week for union dues and $20 per week for health insurance plan premiums. Ed Lynch and Jack Rider also have $25 deducted each week for the purchase of a saving bond. PAYROLL REGISTER Page 1 Employee's Narme Allowances Hours of Work EARNINGS Rate of Marit Rec S Total Other Wages SM R F Total Wages W Status Pav Regular Pay Overtime Pay Fodaral State 1our Art, Bert Eiden, Sue Lynch, Ed Ruiz, Jean S15 1. Single Single Single 1 5 5 5 F 30 18 1 8 7 4 44 60 24 3 8 8 8 . Single Single Single Single 7 8 4 88 6C Rider, Jack 44 Sparr. Tom Vell, Lori 18 | 8 8 2 8 8 0 40 24 When 1 s column Completed, check amounts with the total wages In the table below and then complete the following table PAYROLL REGISTER Page 2 Page 2 of 5 1158 nrds 1150 6:48 PM Type here to search f 6/28/2019 Unit 24 Payroll Records (Assignment - 5 pages) v3 (3)doo Compatibility Mode Tara Okeefe Tell me what you want to do Comments File Design References Mailings Review View Help Share Home Insert Draw Layout OFind XCut 9 A A Aa- A AaBbCcD AaBbC AaBbCc AaBbCcD AaBbCcD Arial Replace Paste LCopy Dictate X, xA- -A Heading 4 Bady Text Heading 1 Heading 2 Heading 3 BIU Select Format Painter Clipboard styles Editing Voice S2D ueuuceu ean weUK IOI ne purcnase a suvinu uuiu. PAYROLL REGISTER Page 1 Hours of Work Employee's Name Allowances EARNINGS Marital S Regular Rate of Total Wages M T W Other Wages Status Pav Reqular Pay Overtime Pay Federal Slate Hours 5 5 5 6 $15 Art, Bert Eiden, Sue Lynch, Ed Ruiz, Jean 1 Single 25 6 L0 1 18 Single Single 6 6 30 8 4 8 8 60 44 Single 6 7 8 0 Sparr Tom Single Single F 8 37 18 1 Vell, Lori 8 8 8 0 40 24 "When this column is completed, check the amounts with the total wages in the table below and then complete the following table PAYROLL REGISTER Employee's Tota Total Net Pay FICA FICA HI FIT SIT DEDUCTIONS Ch z abBd OASDI Tax Withheld Name Wages Withheld Union Dues Deductions Savings Bonds Health Plans $ 375.00 54.30 13.80 Art, Bert Eiden, Sue 540.00 67.20 15.30 2 Ruiz, Jean Rider, Jack Sparr. Tom Vell, Lori 174.30 1,068.00 31.80 2.760,00 456,00 73.20 666.00 24.00 93.60 960,00 57.60 30.00 1158 words R Page 2 of 5 1150 6:48 PM O Type here to search f 6/28/2019