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Waterway Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40 a week. Payroll
Waterway Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40 a week. Payroll data for the week ended March 15, 2022, are presented below. Employee Hours Worked Hourly Rate Federal Income Tax Withholdings United Fund Ben Abel 40 $13.00 $59.00 $5.00 Rita Hager 42 16.00 64.00 5.00 Jack Never 45 13.00 60.00 8.00 Sue Perez 45 13.00 62.00 5.00 Abel and Hager are married. They claim 0 and 4 withholding allowances, respectively. The following tax rates are applicable: FICA 7.65%, state income taxes 3%, state unemployment taxes 5.4%, and federal unemployment 0.6%. Prepare a payroll register for the weekly payroll. No employee has reached the Social Security limit of $132,900 or the FUTA/SUTA limit of $7,000. (Round answers to 2 decimal places, e.g. 15.25.) MARRIED Persons WEEKLY Payroll Period (For Wages Paid through December 2022) If the wages And the number of withholding allowances claimed is - - are 0 1 N 3 4 5 6 7 00 8 9 10 . At least But less than The amount of income tax to be withheld is - 1,316 1,327 124 114 | 105 95 85 75 66 56 46 37 29 1,327 1,338 125 116 106 96 86 77 67 57 48 38 30 1,338 1,349 127 117 | 107 97 88 78 68 59 49 39 31 1,349 1,360 128 118 108 99 89 79 70 60 50 41 32 1 360 1371 129 119 110 100 90 81 71 61 52 42 Earnings Employee Hours Regular Overtime Gross Pay Ben Abel 40 $ $ $ $ $ CA $ Rita Hager 42 Jack Never 45 Sue Perez 45 Totals $ $ $ $ WATERWAY HARDWARE Payroll Register For the Week Ending March 15, 2022 Deductions FICA Federal Income Tax State Income Tax United Fund $ $ $ $ $ $ $ $ Salaries and Wages Expense United Fund Total Net Pay $ $ $ $ $ $ $ $ $ $
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