7A-4. You gathered the following data from time cards and individual employee earnings records. Your tasks...

 

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7A-4. 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. 3. Journalize the Payroll Register and the Employer's tax liability. Employee Avery, Joanna Garth, Natashia Martinez, Joan Seward, Peter Allowance and Marital Status S-3 S-1 S-2 S-1 Cumulative Earnings Before This Payroll $37,600 48,200 64,500 4,800 Biweekly Salary $1,540 2,040 2,090 880 Check No. 30 31 32 33 Department Production Office Production Office Assume the following: 1. FICA OASDI is 6.2% on $117,000; FICA Medicare is 1.45% on all earnings. 2. Federal income tax is calculated from Figure 7.2. 3. State income tax is 7% of gross pay. 4. Union dues are $17 biweekly. 5. The SUTA rate is 5.0% and the FUTA rate is 0.6% on earnings up to $7,000. S50 Check Fi Total Ne 7A-4. 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. 3. Journalize the Payroll Register and the Employer's tax liability. Employee Avery, Joanna Garth, Natashia Martinez, Joan Seward, Peter Allowance and Marital Status S-3 S-1 S-2 S-1 Cumulative Earnings Before This Payroll $37,600 48,200 64,500 4,800 Biweekly Salary $1,540 2,040 2,090 880 Check No. 30 31 32 33 Department Production Office Production Office Assume the following: 1. FICA OASDI is 6.2% on $117,000; FICA Medicare is 1.45% on all earnings. 2. Federal income tax is calculated from Figure 7.2. 3. State income tax is 7% of gross pay. 4. Union dues are $17 biweekly. 5. The SUTA rate is 5.0% and the FUTA rate is 0.6% on earnings up to $7,000. S50 Check Fi Total Ne