Question
VaughnCompany has the following data for the weekly payroll ending January 31. Hours Employee M T W T F S Hourly Rate Federal Income Tax
VaughnCompany has the following data for the weekly payroll ending January 31.
Hours
Employee M T W T F S Hourly Rate Federal Income Tax Withholding HealthInsuran
L. Helton 9 7 9 7 10 2 $12. $32 $10
R. Kenseth 7 9 7 7 8 5 14 39 27
D. Tavaras 10 10 8 8 8 0 15 54 26
Employees are paid1.5times the regular hourly rate for all hours worked in excess of40hours per week. FICA taxes are7.65% on the first $127,200of gross earnings.VaughnCompany is subject to5.4% state unemployment taxes and0.8% federal unemployment taxes on the first $7,000of gross earnings.
Prepare the payroll register for the weekly payroll.(Round answers to 2 decimal places, e.g. 15.25.)
Use the information above to make a weekly payroll for all three employees.
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