ch 10 6 Problem 10.2A Computing gross earnings, determining deductions, preparing payroll register, journalizing payroll transactions. LO 10-2, 10-3, 10-4, 10-5 City Place Movie Theaters has four employees and pays them on an hourly basis. During the week beginning June 24 and ending June 30, 2019, these employees worked the hours shown below, Information about hourly rates, marital status, withholding allowances, and cumulative carnings prior to the current pay period also appears below. Consider any hours worked beyond 40 in the points abook week as overtime hours and overtime pay at one and one-half times their regular hourly rate. RegularHourly Marital Withholding Cumulative Andy Anderson Roma Benson Frank cortez Rinter wise $ 12.70 11.50 11-20 10.70S $17,640 16,975 16,080 14,660 40 50 Required: 2. Compute the regular, overtime, and gross earnings for each employee. Enter the figures in the payroll register 3, Compute the amount of social security tax to be withheld from each employee's earnings. Assume a 6.2 percent social security rate on the first $122,700 earned by the employee during the year Enter the figures in the payroll register 4. Compute the amount of Medicare tax to be withheid from each employee's earnings. Assume a 1,.45 percent Medicare tax rate on all salaries and wages earned by the employee during the year Enter the figures in the payroll register 5 Determine the amount of federal income tax to be withheld from each employee's total earnings. Use the tax tables in E ur2a & Eigure 10.2h, Enter the figures in the payroll register 6. Compute the net pay of each employee and enter the figures in the payroll register. 7. Total and prove the payroll registr 8. Prepare a general journal entry to record the payroll for the week ended June 30, 2019. 9, Record the general journal entry to summarize payment of the payroll on July 3, 2019. Analyze wht are Andy Anderson's cumulative earnings on June 30, 2019? ch 10 6 Problem 10.2A Computing gross earnings, determining deductions, preparing payroll register, journalizing payroll transactions. LO 10-2, 10-3, 10-4, 10-5 City Place Movie Theaters has four employees and pays them on an hourly basis. During the week beginning June 24 and ending June 30, 2019, these employees worked the hours shown below, Information about hourly rates, marital status, withholding allowances, and cumulative carnings prior to the current pay period also appears below. Consider any hours worked beyond 40 in the points abook week as overtime hours and overtime pay at one and one-half times their regular hourly rate. RegularHourly Marital Withholding Cumulative Andy Anderson Roma Benson Frank cortez Rinter wise $ 12.70 11.50 11-20 10.70S $17,640 16,975 16,080 14,660 40 50 Required: 2. Compute the regular, overtime, and gross earnings for each employee. Enter the figures in the payroll register 3, Compute the amount of social security tax to be withheld from each employee's earnings. Assume a 6.2 percent social security rate on the first $122,700 earned by the employee during the year Enter the figures in the payroll register 4. Compute the amount of Medicare tax to be withheid from each employee's earnings. Assume a 1,.45 percent Medicare tax rate on all salaries and wages earned by the employee during the year Enter the figures in the payroll register 5 Determine the amount of federal income tax to be withheld from each employee's total earnings. Use the tax tables in E ur2a & Eigure 10.2h, Enter the figures in the payroll register 6. Compute the net pay of each employee and enter the figures in the payroll register. 7. Total and prove the payroll registr 8. Prepare a general journal entry to record the payroll for the week ended June 30, 2019. 9, Record the general journal entry to summarize payment of the payroll on July 3, 2019. Analyze wht are Andy Anderson's cumulative earnings on June 30, 2019