Calculate The amount payable to all the employees Total accrued tax Accrued insurance Employer's Costs Wages Social
Fantastic news! We've Found the answer you've been seeking!
Question:
Calculate
- The amount payable to all the employees
- Total accrued tax
- Accrued insurance
Transcribed Image Text:
Employer's Costs Wages Social Security Medicare SUTA FUTA Liability Insurance Workers' Comp. Health Insurance Vacation Total Employee Deductions Social Security Medicare Federal Withholdings State Withholdings Health Insurance Total 600.00 37.20 8.70 18.00 4.80 12.00 54.00 40.00 38.92 813.62 37.20 8.70 59.85 36.00 60.00 201.75 Employee ($) 2 400.00 24.80 5.80 12.00 3.20 8.00 36.00 40.00 29.79 559.59 24.80 5.80 29.85 24.00 60.00 144.45 3 350.00 21.70 5.08 10.50 2.80 7.00 31.50 40.00 27.51 496.09 21.70 5.08 22.35 21.00 60.00 130.13 500.00 31.00 7.25 15.00 4.00 10.00 15.00 40.00 33.20 655.45 31.00 7.25 44.85 30.00 60.00 173.10 Total 1,850.00 114.70 26.83 55.50 14.80 37.00 136.50 160.00 129.42 2,524.75 114.70 26.83 156.90 111.00 240.00 649.43 Employer's Costs Wages Social Security Medicare SUTA FUTA Liability Insurance Workers' Comp. Health Insurance Vacation Total Employee Deductions Social Security Medicare Federal Withholdings State Withholdings Health Insurance Total 600.00 37.20 8.70 18.00 4.80 12.00 54.00 40.00 38.92 813.62 37.20 8.70 59.85 36.00 60.00 201.75 Employee ($) 2 400.00 24.80 5.80 12.00 3.20 8.00 36.00 40.00 29.79 559.59 24.80 5.80 29.85 24.00 60.00 144.45 3 350.00 21.70 5.08 10.50 2.80 7.00 31.50 40.00 27.51 496.09 21.70 5.08 22.35 21.00 60.00 130.13 500.00 31.00 7.25 15.00 4.00 10.00 15.00 40.00 33.20 655.45 31.00 7.25 44.85 30.00 60.00 173.10 Total 1,850.00 114.70 26.83 55.50 14.80 37.00 136.50 160.00 129.42 2,524.75 114.70 26.83 156.90 111.00 240.00 649.43
Expert Answer:
Answer rating: 100% (QA)
To calculate the amount payable to all the employees you need to sum up their wages and subtract the... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these accounting questions
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-4. Ivan and Irene paid the following in 2012 (all by check or can otherwise be...
-
A researcher wanted to find out if there was difference between older movie goers and younger movie goers with respect to their estimates of a successful actors income. The researcher first...
-
Name one industry (retail, technology, biopharma, etc) that you find interesting and compelling and state why it attracts your interest. Lookup a public company in that industry - Who is it? Look at...
-
Bonadio Electrical Supplies distributes electrical components to the construction industry. The company began as a local supplier 15 years ago and has grown rapidly to become a major competitor in...
-
In Exercises 6166, sketch the region of integration. Then evaluate the iterated integral. (4 f x sin x dx dy R
-
Why does collusion pose unique prevention and detection challenges?
-
McLennon Company has a plant capacity of 100,000 units per year, but its budget for this year indicates that only 60,000 units will be produced and sold. The entire budget for this year is as...
-
Discuss the breath of responsibilities required of a radiographer. List the five main areas of responsibility in each specialty of radiologic technology. Discuss advantages to working in each of the...
-
You are thinking about buying a call option with a strike price of $50 which expires in 2 years (t=2). The underlying asset is currently valued at $50 and is expected to follow a binomial process as...
-
Write electrode reactions taking place in a dry cell.
-
What is a new-market-creation strategy?
-
What do the value net and industry structure models tell you about potential alliance partners?
-
What are the possible motives for acquisitions?
-
According to Eurostat, a Directorate-General of the European Commission (EC), the number of unemployed individuals in the European Union (EU) was at an all-time low of just over 16 million people in...
-
Are all Internet firms global by definition? What opportunities and barriers does the Internet present to firm internationalization?
-
Consider the following independent projects, for a firm using a cost of capital of 12%: Project A B C D Which project(s) should the firm accept? Project C since it has the highest IRR O Projects A...
-
D Which of the following is considered part of the Controlling activity of managerial accounting? O Choosing to purchase raw materials from one supplier versus another O Choosing the allocation base...
-
Kathy Kennedy (age 44) is a single taxpayer and she lives at 212 North Pine Way, Payson, AZ 85541. Her Social Security number is 467-98-9784. Kathy's earnings and income tax withholding as the...
-
In 2012, Gale and Cathy Alexander hosted an exchange student, Axel Muller, for 9 months. Axel was part of International Student Exchange Programs (a qualified organization). Axel attended tenth grade...
-
Rebecca and Walter Bunge have been married for 5 years. They live at 883 Scrub Brush Street, Apt. 52B, Las Vegas, NV 89125. Rebecca is a homemaker and Walt is a high school teacher. Rebecca's Social...
-
Kids Sports Consulting Pty Ltd is a company set up by sports and recreation management students to gain experience in running their own business. It had the following contribution margin income...
-
V. Zarb, the marketing manager for Maltese Treasures Ltd, is preparing a sales budget for the year ended 30 June 2020. In reviewing the actual sales data for the previous year, the sales and...
-
The following expenses budget has been prepared for Abacus Services for the year ending 30 June 2020. Professional salaries, secretarial wages and training are paid in the quarter in which they are...
Study smarter with the SolutionInn App