Complete the following payroll register for employees of Corby Company for the week ended March 1. Taxable
Question:
Complete the following payroll register for employees of Corby Company for the week ended March 1. Taxable earnings should be computed on the basis of a 40-hour week with overtime earnings being paid at time and one-half for all hours over 40 each workweek (no overtime for salaried employees). Note: Carry each overtime hourly rate out to 3 decimal places and then round off to 2 decimal places. All employees' wages are subject to the OASDI tax of 6.2% and the HI tax of 1.45%. The supplemental HI rate of 0.9% is not applicable. PR.04.31AT completes the payroll register through Gross Pay. PR.04.32AT completes this problem to arrive at Net Pay PAYROLL REGISTER FOR WEEK ENDING March 1 TIME RECORD REGULAR EARNINGS EMPLOYEE'S NO. MARITAL STATUS NO. W/H ALLOW. CLAIMED MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY NO. HOURS (REGULAR) RATE PER HOUR AMOUNT