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ur distribution to nployees and for filing with the Social Securiy resigned or were discharged during the year tion, the no changes in salary from

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ur distribution to nployees and for filing with the Social Securiy resigned or were discharged during the year tion, the no changes in salary from personnel records and payroll records: ant oyees' earnings records were inadvertently destroyed. None of the employees and there were medicare tax at they, rares, The social security tax was withheld at the rate of 6.0% and Medicare tax at the' rat and employees' income taxe e of 1.5% on salary. Data on dates of employment, salary rates, s withbeld, which are summarized as follows, were obtained Monthly Date First Monthly Income Tax Withheld 51,704 533 1,238 783 758 446 2,359 Employere Addai McGahee Moss Stewart Tolbert Wells July 16 June 1 Feb. 16 an. 1 Dec. 1 Nov. 16> May 1 $ 8,160 3,600 6420 4.600 4,500 3,250 10,500 Instructions 1. Calculate the amounts to be reported on each employee's Wage and Tax Statement (Form W-2) for 20Y7, arranging the data in the following form: Social Security Medicare Federal Income Tex WithheldTax WithheldTax Withheld Gross Employee 2. Calculate the following employer payroll taxes for the year: (a) social security re (c) state unemployment compensation at 5.4% on the first S10000 of ompensation at 0.6% on the first (b) Medicar each employee's earnings; (d) federal unemployment c $10,000 of each employee's earnings, (e) toal. OBJ. 2, 3 PR 11-48 Payroll register The following data for Flexco Inc. relate to the payroll for the week ended December 9,20Y8 v1. Total net pay. $16,592.58 Hours Hourly Weekly Federal Retirement Worked Salary Income Tax Savings 5667 00 860.00 Rate Employee 5 60 100 52 550.00 $4,000 ur distribution to nployees and for filing with the Social Securiy resigned or were discharged during the year tion, the no changes in salary from personnel records and payroll records: ant oyees' earnings records were inadvertently destroyed. None of the employees and there were medicare tax at they, rares, The social security tax was withheld at the rate of 6.0% and Medicare tax at the' rat and employees' income taxe e of 1.5% on salary. Data on dates of employment, salary rates, s withbeld, which are summarized as follows, were obtained Monthly Date First Monthly Income Tax Withheld 51,704 533 1,238 783 758 446 2,359 Employere Addai McGahee Moss Stewart Tolbert Wells July 16 June 1 Feb. 16 an. 1 Dec. 1 Nov. 16> May 1 $ 8,160 3,600 6420 4.600 4,500 3,250 10,500 Instructions 1. Calculate the amounts to be reported on each employee's Wage and Tax Statement (Form W-2) for 20Y7, arranging the data in the following form: Social Security Medicare Federal Income Tex WithheldTax WithheldTax Withheld Gross Employee 2. Calculate the following employer payroll taxes for the year: (a) social security re (c) state unemployment compensation at 5.4% on the first S10000 of ompensation at 0.6% on the first (b) Medicar each employee's earnings; (d) federal unemployment c $10,000 of each employee's earnings, (e) toal. OBJ. 2, 3 PR 11-48 Payroll register The following data for Flexco Inc. relate to the payroll for the week ended December 9,20Y8 v1. Total net pay. $16,592.58 Hours Hourly Weekly Federal Retirement Worked Salary Income Tax Savings 5667 00 860.00 Rate Employee 5 60 100 52 550.00 $4,000

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