Question: Complete the FWT column (wage-bracket method) and SWT column of the payroll register using the employee data listed below. The associated pay period ends on

Complete the FWT column (wage-bracket method) and SWT column of the payroll register using the employee data listed below. The associated pay period ends on 07/22/2018 (enter the year using four digits), with paychecks being printed and distributed six days later. Every employee earns hourly overtime wages 1.5 times greater than their regular wage rate. Enter all employees' names in the format Last Name, First Initial (for example: Rick Smith would be written as Smith, R). The state income tax withholding rate is 5.0% of taxable pay, with taxable pay being the same for federal and state income tax withholding. Note that the Voluntary Withholding column, for which partial information is provided below, has been populated based on the partial information shown here. 1. Jimmy Troffa earns $7.80/hour, and worked 41 hours during the most recent week. He makes a 401(k) retirement plan contribution of 9.0% of gross pay each period. Jimmy Troffa is married, and claims 3 withholding allowances for both the federal and state. 2. Tyler Thomas earns $10.90/hour, and worked 45 hours during the most recent week. He participates in a cafeteria plan, to which he pays $75 each period. Tyler Thomas is single, claims 3 federal withholding allowances, and 2 state withholding allowances. 3. Ryan Brown earns $14.60/hour, and worked 48 hours during the most recent week. He does not make any voluntary deductions each period. Ryan Brown is single, and claims 2 withholding allowances for both federal and state 4. Michael Kaminski earns $16.00/hour, and worked 55 hours during the most recent week. He makes a 403(b) retirement plan contribution of 10% of gross pay each period. Michael Kaminski is single, and claims 3 withholding allowance for both federal and state. 5. Tina Baldwin earns $17.10/hour, and worked 50 hours during the most recent week. She contributes $110 to a flexible spending account each period. Tina Baldwin is married, claims 4 federal withholding allowances, and 3 state withholding allowances. Open Directions in Popup Windows Payroll Register Pay Period 07/22/2018 Pay Date 07/28/2018 Earnings Deductions Employee Regular Regular Overtime Overtime Overtime Total FWT SWT Social Medicare Vol. With Check Net Pay Regular Earnings Name Hours Rate Hours Rate Earnings Earnings Security Number Troffa, J 40 $7.80 $312.00 1 $11.70 $11.70 $323.70 $ $ $ $ $29.13 S Thomas, T 40 $10.90 $436.00 5 $16.35 $81.75 $517.75 $ $ $ $ $75.00 S Brown, R 40 $14.60 $584.00 8 $21.90 $175.20 $759.20 $ $ Kaminski, M 40 $16.00 $640.00 15 $24.00 $360.00 $1,000.00 $ $ $ $ $100.00 $ Baldwin, T. 40 $17.10 $684.00 10 $25.6! $256.50 $940.50 $ $ $110.00 S $ $ $ $ $ $ $ S $ $ $ S $ $ Totals: $2,656.01 $885.15 $3,541.15$ $ $ S $314.13 S Complete the FWT column (wage-bracket method) and SWT column of the payroll register using the employee data listed below. The associated pay period ends on 07/22/2018 (enter the year using four digits), with paychecks being printed and distributed six days later. Every employee earns hourly overtime wages 1.5 times greater than their regular wage rate. Enter all employees' names in the format Last Name, First Initial (for example: Rick Smith would be written as Smith, R). The state income tax withholding rate is 5.0% of taxable pay, with taxable pay being the same for federal and state income tax withholding. Note that the Voluntary Withholding column, for which partial information is provided below, has been populated based on the partial information shown here. 1. Jimmy Troffa earns $7.80/hour, and worked 41 hours during the most recent week. He makes a 401(k) retirement plan contribution of 9.0% of gross pay each period. Jimmy Troffa is married, and claims 3 withholding allowances for both the federal and state. 2. Tyler Thomas earns $10.90/hour, and worked 45 hours during the most recent week. He participates in a cafeteria plan, to which he pays $75 each period. Tyler Thomas is single, claims 3 federal withholding allowances, and 2 state withholding allowances. 3. Ryan Brown earns $14.60/hour, and worked 48 hours during the most recent week. He does not make any voluntary deductions each period. Ryan Brown is single, and claims 2 withholding allowances for both federal and state 4. Michael Kaminski earns $16.00/hour, and worked 55 hours during the most recent week. He makes a 403(b) retirement plan contribution of 10% of gross pay each period. Michael Kaminski is single, and claims 3 withholding allowance for both federal and state. 5. Tina Baldwin earns $17.10/hour, and worked 50 hours during the most recent week. She contributes $110 to a flexible spending account each period. Tina Baldwin is married, claims 4 federal withholding allowances, and 3 state withholding allowances. Open Directions in Popup Windows Payroll Register Pay Period 07/22/2018 Pay Date 07/28/2018 Earnings Deductions Employee Regular Regular Overtime Overtime Overtime Total FWT SWT Social Medicare Vol. With Check Net Pay Regular Earnings Name Hours Rate Hours Rate Earnings Earnings Security Number Troffa, J 40 $7.80 $312.00 1 $11.70 $11.70 $323.70 $ $ $ $ $29.13 S Thomas, T 40 $10.90 $436.00 5 $16.35 $81.75 $517.75 $ $ $ $ $75.00 S Brown, R 40 $14.60 $584.00 8 $21.90 $175.20 $759.20 $ $ Kaminski, M 40 $16.00 $640.00 15 $24.00 $360.00 $1,000.00 $ $ $ $ $100.00 $ Baldwin, T. 40 $17.10 $684.00 10 $25.6! $256.50 $940.50 $ $ $110.00 S $ $ $ $ $ $ $ S $ $ $ S $ $ Totals: $2,656.01 $885.15 $3,541.15$ $ $ S $314.13 S
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