Question: Use the payroll information below to answer the following questions Employees Hourly Wage Hours Worked Cumulative Earnings Al. Angel $45.00 38 $99,800 Bert Bayou $18.00

Use the payroll information below to answer the following questions

Employees 

Hourly Wage 

Hours Worked 

Cumulative Earnings 

 Al. Angel

$45.00

38

$99,800

 Bert Bayou

$18.00

43

$6,100

 Claudia Cooper

$17.00

40

5,700

 Danielle Donovan

$43.00

48

110,000


Over time is paid at 1 ½ times of the regular hourly wage. Assume there are no voluntary contributions.

The following are the current information about tax liabilities:


Tax 

Rate 

Ceiling 

Social Security

6.0%

$100,000

Medicare

1.50%

N/A

SUTA

5%

$7,000

FUTA

1%

7,000


Additional Information:  

Federal Income taxes will be equal to 20% of the total weekly earnings.

Compute:

a. Total Social Security Payable

b. Total Medicare Payable

c. Total SUTA Payable

d. Total FUTA Payable

e. Total Federal Income Tax Payable

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