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Use a separate tab in the single Excel document for each problem. .Do not put all 4 problems on the same tab. .Be sure to

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Use a separate tab in the single Excel document for each problem. .Do not put all 4 problems on the same tab. .Be sure to rename each tab to indicate the question number. Your answer to this Assignment should be submitted in a single Excel Workbook document. arles Giles worked 46 hours during this pay-week. He is paid time-and-a-half for hours over 40 and his pay rate is $17. 90/hour. What was his overtime premium pay for this workweek? Use the following information to answer Questions 2.3&4: The totals from the first payroll of the year are shown below. $36,195.10 Total Pay FICA/OASDI$ 2,244.10 FICA/HI FIT W/H State Tax W/H$ 361.95 Union Dues 500.00 Net Pay - 524.83 - $6,515.00 $26,049.22 Assume the following tax rates: 1. * FICA tax-OASDI on employees: 6.2%. 2, FICA tax-HI on employees: 1.45%. 3. FIT withheld from employees. 4, FICA tax-OASDI on employers: 6.2% 5, FICA tax-HI on employers: 1.45%. 6. Net FUTA tax: 0.6%. 7, SUTA tax: 3.7% Note-Correction to theTextbook : The 2% reduction on the Employee's share of the OASDI expired on December 31, 2012, So, the correct rate to apply is 62% for both the employee and the employer. Question # 2: Journalize the entry to record the payroll. Question # 3: Journalize the entry to record the employer's payroll taxes (assume a SUTA rate of 3.7%). Question#4-Journalize the entry to deposit the FICA and FIT taxes. Your answer to this Assignment should be submitted in a single Excel Workbook document

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