Continuing Payroll Problem: Chapter 3 As you learned in the previous chapter, Kipley Company is a small manufacturing firm located in pittsburgh, Pennsylvania. The company has a workforce of both hourly and salaried employees. In the last chapter, gross wages were computed for each employee. Adjacent to their name, each employee's gross wages are shown in the Payroll Register. The next task is computing the FICA withholding for each employee and the employer's liability Requirements: 1. Compute the OASDI for each employee. 2. Compute the HI for each employee. 3. On the Employer Register, compute the employer FICA liability Payroll Register 1. Compute the OASDI for each employee. 2. Compute the HI for each employee. 3. Compute the totals for each tax. Note: Round your final answers to the nearest cent. KIPLEY COMPANY, INC Enaployee Payroll Register For Period Ending Jamuary 8, 20 NET PAY EARNINGS DEDUCTIONS SUTA CIT SIMPLE Grp. Ins. Health Ins. ck. No. Amou Name Gross HI FIT SIT $700 Wilson, w Utley, H Fife, L. Sm th, L Fay, G. Robey, G Schork, T Hardy, B Kipley Totals 897.04 678.75 877.10 790.00 539.15 623.08 773.08 666.11 1,000.00 Employer Register Complete the step below: 1. Enter the earnings upon which the employer liability will be computed. 2. Compute the employer FICA liability. Note: Round your final answers to the nearest cent. KIPLEY COMPANY,INC Employer Register Payroll Taxes Earnings OASDI H1 FUTA SUTA Totals Continuing Payroll Problem: Chapter 3 As you learned in the previous chapter, Kipley Company is a small manufacturing firm located in pittsburgh, Pennsylvania. The company has a workforce of both hourly and salaried employees. In the last chapter, gross wages were computed for each employee. Adjacent to their name, each employee's gross wages are shown in the Payroll Register. The next task is computing the FICA withholding for each employee and the employer's liability Requirements: 1. Compute the OASDI for each employee. 2. Compute the HI for each employee. 3. On the Employer Register, compute the employer FICA liability Payroll Register 1. Compute the OASDI for each employee. 2. Compute the HI for each employee. 3. Compute the totals for each tax. Note: Round your final answers to the nearest cent. KIPLEY COMPANY, INC Enaployee Payroll Register For Period Ending Jamuary 8, 20 NET PAY EARNINGS DEDUCTIONS SUTA CIT SIMPLE Grp. Ins. Health Ins. ck. No. Amou Name Gross HI FIT SIT $700 Wilson, w Utley, H Fife, L. Sm th, L Fay, G. Robey, G Schork, T Hardy, B Kipley Totals 897.04 678.75 877.10 790.00 539.15 623.08 773.08 666.11 1,000.00 Employer Register Complete the step below: 1. Enter the earnings upon which the employer liability will be computed. 2. Compute the employer FICA liability. Note: Round your final answers to the nearest cent. KIPLEY COMPANY,INC Employer Register Payroll Taxes Earnings OASDI H1 FUTA SUTA Totals