Question

You gathered the following data from time cards and individual employee earnings records. Your tasks are as follows:
1. On December 5, 201X, prepare a payroll register for this biweekly payroll.
2. Calculate the employer taxes of FICA OASDI, FICA Medicare, FUTA, and SUTA.


Assume the following:
1. FICA OASDI is 6.2% on $106,800; FICA Medicare is 1.45% on all earnings.
2. Federal income tax is calculated from Figure 7.2.
3. State income tax is 8% of gross pay.
4. Union dues are $13 biweekly.
5. The SUTA rate is 5.4% and the FUTA rate is 0.8% on earnings up to$7,000.


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  • CreatedApril 24, 2014
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