Employee Number A-Mille A-Towle A-Long Name and Address Thomas Millen 1022 Forest School Road Woodstock, VT...

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Employee Number A-Mille A-Towle A-Long Name and Address Thomas Millen 1022 Forest School Road Woodstock, VT 05001 802-478-5055 SSN: 031-11-3456 401(k) deduction: 3% Section 125 deduction: $155.00 Avery Towle 4011 Route 100 Plymouth, VT 05102 802-967-5873 SSN: 089-74-0974 401(k) deduction: 5% Section 125 deduction: $100.00 Charlie Long 242 Benedict Road S. Woodstock, VT 05002 802-429-3846 SSN: 056-23-4593 401(k) deduction: 2% Section 125 deduction: $155.00 Payroll information Hire Date: 2-1-2022 Date of Birth: 12-16-1992 Position: Production Manager Part Time or Full Time: Full Time, exempt Marital Status: Married Filing Jointly Pay Rate: $35,900 per year Dependents under 17: 3 Dependents over 17: 1 Step 4 information: none Hire Date: 2-1-2022 Date of Birth: 7-14-2001 Position: Production Worker Part Time or Full Time: Full Time, nonexempt Marital Status: Single Pay Rate: $19.00 per hour Dependents under 17: 0 Dependents over 17: 0 Step 4 information: none Hire Date: 2-1-2022 Date of Birth: 3-16-1997 Position: Production Worker Part Time or Full Time: Full Time, nonexempt Marital Status: Married Filing Jointly Pay Rate: $19.00 per hour Dependents under 17: 2 Dependents over 17: 0 Step 4 information: none B-Shang B-Lewis B-Schwa Mary Shangraw 1901 Main Street number 2 Bridgewater, VT 05520 802-575-5423 SSN: 075-28-8945 401(k) deduction: 3% Section 125 deduction: $100.00 Kristen Lewis 840 Daily Hollow Road Bridgewater, VT 05523 802-390-5572 SSN: 076-39-5673 401(k) deduction: 4% Section 125 deduction: $155.00 Joel Schwartz 55 Maple Farm Way Woodstock, VT 05534 802-463-9985 SSN: 021-34-9876 401(k) deduction: 5% Section 125 deduction: $100.00 Hire Date: 2-1-2022 Date of Birth: 8-20-1980 Position: Administrative Assistant Part Time or Full Time: Part Time, nonexempt Marital Status: Single Pay Rate: $16.00 per hour Dependents under 17: 0 Dependents over 17: 1 Step 4 information: none Hire Date: 2-1-2022 Date of Birth: 4-6-1991 Position: Office Manager Part Time or Full Time: Full Time, exempt Marital Status: Married Filing Jointly Pay Rate: $32,900 per year Dependents under 17: 2 Dependents over 17: 1 Step 4 information: none Hire Date: 2-1-2022 Date of Birth: 5-23-1993 Position: Sales Part Time or Full Time: Full Time, exempt Marital Status: Married Filing Jointly Pay Rate: $32,900 per year base plus 3% commission per case sold Dependents under 17: 2 Dependents over 17: 0 Stan 1 information. none B-Prevo Student Success Toni Prevosti 820 Westminster Road Bridgewater, VT 05520 802-555-3456 SSN: 055-22-0443 401(k) deduction: 6% Section 125 deduction: $155.00 Student B. Success 1644 Smitten Road Woodstock, VT 05001 (555) 555-5555 SSN: 555-55-5555 Section 125 deduction: $100.00 Hire Date: 2-1-2022 Date of Birth: 9-18-1987 Position: Owner or President Part Time or Full Time: Full Time, exempt Marital Status: Married Filing Jointly Pay Rate: $45,900 per year Dependents under 17: 3 Dependents over 17: 2 Step 4 information: none Hire Date: 2-1-2022 Date of Birth: 1-1-2001 Position: Accounting Clerk Part Time or Full Time: Full Time, nonexempt Marital Status: Single Pay Rate: $34,900 per year Dependents under 17: 0 Dependents over 17: 0 Step 4 information: none The company has the following departments: Department A: Agricultural Workers Department B: Office Workers Initial pre-tax deductions for each employee are as follows: Name Thomas Millen Avery Towle Charlie Long Mary Shangraw Kristen Lewis Joel Schwartz Toni Prevosti Student Success Deduction Insurance: $155.00 /paycheck 401(k): 3% of gross pay Insurance: $100.00 /paycheck 401(k): 5% of gross pay Insurance: $155.00 /paycheck 401(k): 2% of gross pay Insurance: $100.00 /paycheck 401(k): 3% of gross pay Insurance: $155.00/paycheck 401(k) 4% of gross pay Insurance: $100.00 /paycheck 401(k): 5% of gross pay Insurance: $155.00/paycheck 401(k): 6% of gross pay Insurance: $100.00 /paycheck 401(k): 2% of gross pay The first day of work for Prevosti Farms and Sugarhouse for all employees is February 1, 2022. February 4 is the end of the first pay period and includes work completed during the week of February 1-4. Using the payroll register, compute the employee gross pay and net pay using 40 hours as the standard workweek for all employees except Mary Shangraw, who works 20 hours per week and receives overtime for any time worked past that point per company policy. The other hourly employees receive overtime pay when they work more than 40 hours in one week. Joel Schwartz has made $5,000 in case sales at a 3 percent commission rate during this pay period. Remember that the employees are paid biweekly. Note that the first pay period comprises only four days of work, but the pay frequency for federal income tax purposes is biweekly. Federal withholding tax should be computed using the wage-bracket tables in Appendix C. State withholding tax for Vermont is computed at 3.35 percent of taxable wages (i.e., gross pay less pre-tax deductions). The same deductions are allowed for state as for federal. February 18, 2022, is the end of the final pay period for the month. Schwartz has sold $7,500 of products during this pay period at a 3 percent commission. Pay will be disbursed on February 22, 2022, and check numbers will continue from prior payroll. For all employees, over 32 hours in the first week will be overtime. The hours for the nonexempt employees are as follows: Hours worked Name Hourly rate 2/1-2/4 Towle Long $19.00000 32 hours $19.00000 33 hours Shangraw $16.00000 16 hours Success (You) $16.77885 32 hours Hours worked Name Hourly rate Towle $19.00000 2/5-2/18 82 hours Long $19.00000 80 hours Shangraw $16.00000 42 hours Success (You) $16.77885 81 hours Required: Complete the payroll register for this pay period and update the Employee Earnings Record form for each employee with the corresponding information. The Step-2 of Form W-4 is unchecked. The amount per period should be included in the record. As an example, if an employee elected to contribute $1,300 to his or her FSA, the period payroll deduction would be $1,300/26, or $50. All insurance and 401(k) deductions are pre-tax for federal and state. Benefit-related payroll deductions will take effect on the first pay period of March. Employee Flex-Time Child Care Assistance (under $5,000 annually) FSA (annual) Educational Assistance ($4,000 annually) Life Insurance (at 1% Long-Term Care of annual salary Insurance ($15 value) per period) Gym Membership ($15 per month) Millen Yes Yes $ 500.00 No Yes No Yes Towle No No $ 1,200.00 Yes No No Yes Long Yes Yes $ 700.00 Yes Yes No Yes Shangraw Yes No $ 200.00 No Yes No No Lewis No No 1,600.00 No Yes Yes No Schwartz No Prevosti Yes 22 No $ 450.00 Yes Yes No Yes No $ 900.00 No Yes No Yes Student No No $ 300.00 Yes No No Yes Payroll Register 020422 Payroll Register 021822 Thomas Avery Towle Charlie Long Millen Mary Shangraw Kristen Lewis Joel Schwartz Student Toni Prevosti Success Complete the payroll register form for the pay period ending February 4th 2022 for each employee with the corresponding information. Note: Round your answers for "Hourly Rate" or "Period Wage" to 5 decimal places. Round all other intermediate computations and final answers to 2 P/R End Date Check Date 2/4/2022 2/8/2022 Company Name: Name Thomas Millen Filing Status Dependents Hourly rate or Period wage Number of Regular Hours Number of Overtime Hours Number of Holiday Hours Commissions MJ 3 <17; 1 Other 0 0 $ 0.00 Avery Towle S None 19.00000 2 0 $ 0.00 Charlie Long MJ 2 <17 19.00000 0 0 $ 0.00 Mary Shangraw S 1 Other 16.00000 2 0 $ 0.00 Kristen Lewis MJ 2 <17; 1 Other 0 0 $ 0.00 Joel Schwartz MJ 2 <17 0 0 Toni Prevosti MJ 3 <17; 2 Other 0 0 $ 0.00 Student Success S None 1 0 $ 0.00 Totals $ 0.00 Prevosti Farms and Sugarhouse Taxable Wages for Taxable Wages Gross Earning 401(K) Section 125 Federal W/H for FICA 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 Vages CA Federal W/H Social Security Medicare W/H Tax State W/H Tax Total Deductions Net Pay Check Number Tax 6628 6629 6630 6631 6632 6633 6634 6635 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 Check Date Name Thomas Millen Avery Towle Charlie Long Mary Shangraw Kristen Lewis Joel Schwartz Toni Prevosti Student Success Totals 2/22/2022 Filing Status Dependents Hourly Rate or Period Number of Regular wage Hours Number of Overtime Hours Number of Holiday Hours Commissions 0.00 Gross Earning 401(k) Section 125 Taxable Wages for Taxable Wages for Federal W/H FICA 0.00 $ 0.00 EA 0.00 $ 0.00 $ 0.00 es for Federal W/H Social Security Tax Medicare W/H Tax State W/H Tax Total Deductions Net Pay Check Number 6636 6637 6638 6639 6640 6641 6642 6643 0.00 $ 0.00 $ 0.00 0.00 0.00 $ 0.00 $ 0.00 Employee Number A-Mille A-Towle A-Long Name and Address Thomas Millen 1022 Forest School Road Woodstock, VT 05001 802-478-5055 SSN: 031-11-3456 401(k) deduction: 3% Section 125 deduction: $155.00 Avery Towle 4011 Route 100 Plymouth, VT 05102 802-967-5873 SSN: 089-74-0974 401(k) deduction: 5% Section 125 deduction: $100.00 Charlie Long 242 Benedict Road S. Woodstock, VT 05002 802-429-3846 SSN: 056-23-4593 401(k) deduction: 2% Section 125 deduction: $155.00 Payroll information Hire Date: 2-1-2022 Date of Birth: 12-16-1992 Position: Production Manager Part Time or Full Time: Full Time, exempt Marital Status: Married Filing Jointly Pay Rate: $35,900 per year Dependents under 17: 3 Dependents over 17: 1 Step 4 information: none Hire Date: 2-1-2022 Date of Birth: 7-14-2001 Position: Production Worker Part Time or Full Time: Full Time, nonexempt Marital Status: Single Pay Rate: $19.00 per hour Dependents under 17: 0 Dependents over 17: 0 Step 4 information: none Hire Date: 2-1-2022 Date of Birth: 3-16-1997 Position: Production Worker Part Time or Full Time: Full Time, nonexempt Marital Status: Married Filing Jointly Pay Rate: $19.00 per hour Dependents under 17: 2 Dependents over 17: 0 Step 4 information: none B-Shang B-Lewis B-Schwa Mary Shangraw 1901 Main Street number 2 Bridgewater, VT 05520 802-575-5423 SSN: 075-28-8945 401(k) deduction: 3% Section 125 deduction: $100.00 Kristen Lewis 840 Daily Hollow Road Bridgewater, VT 05523 802-390-5572 SSN: 076-39-5673 401(k) deduction: 4% Section 125 deduction: $155.00 Joel Schwartz 55 Maple Farm Way Woodstock, VT 05534 802-463-9985 SSN: 021-34-9876 401(k) deduction: 5% Section 125 deduction: $100.00 Hire Date: 2-1-2022 Date of Birth: 8-20-1980 Position: Administrative Assistant Part Time or Full Time: Part Time, nonexempt Marital Status: Single Pay Rate: $16.00 per hour Dependents under 17: 0 Dependents over 17: 1 Step 4 information: none Hire Date: 2-1-2022 Date of Birth: 4-6-1991 Position: Office Manager Part Time or Full Time: Full Time, exempt Marital Status: Married Filing Jointly Pay Rate: $32,900 per year Dependents under 17: 2 Dependents over 17: 1 Step 4 information: none Hire Date: 2-1-2022 Date of Birth: 5-23-1993 Position: Sales Part Time or Full Time: Full Time, exempt Marital Status: Married Filing Jointly Pay Rate: $32,900 per year base plus 3% commission per case sold Dependents under 17: 2 Dependents over 17: 0 Stan 1 information. none B-Prevo Student Success Toni Prevosti 820 Westminster Road Bridgewater, VT 05520 802-555-3456 SSN: 055-22-0443 401(k) deduction: 6% Section 125 deduction: $155.00 Student B. Success 1644 Smitten Road Woodstock, VT 05001 (555) 555-5555 SSN: 555-55-5555 Section 125 deduction: $100.00 Hire Date: 2-1-2022 Date of Birth: 9-18-1987 Position: Owner or President Part Time or Full Time: Full Time, exempt Marital Status: Married Filing Jointly Pay Rate: $45,900 per year Dependents under 17: 3 Dependents over 17: 2 Step 4 information: none Hire Date: 2-1-2022 Date of Birth: 1-1-2001 Position: Accounting Clerk Part Time or Full Time: Full Time, nonexempt Marital Status: Single Pay Rate: $34,900 per year Dependents under 17: 0 Dependents over 17: 0 Step 4 information: none The company has the following departments: Department A: Agricultural Workers Department B: Office Workers Initial pre-tax deductions for each employee are as follows: Name Thomas Millen Avery Towle Charlie Long Mary Shangraw Kristen Lewis Joel Schwartz Toni Prevosti Student Success Deduction Insurance: $155.00 /paycheck 401(k): 3% of gross pay Insurance: $100.00 /paycheck 401(k): 5% of gross pay Insurance: $155.00 /paycheck 401(k): 2% of gross pay Insurance: $100.00 /paycheck 401(k): 3% of gross pay Insurance: $155.00/paycheck 401(k) 4% of gross pay Insurance: $100.00 /paycheck 401(k): 5% of gross pay Insurance: $155.00/paycheck 401(k): 6% of gross pay Insurance: $100.00 /paycheck 401(k): 2% of gross pay The first day of work for Prevosti Farms and Sugarhouse for all employees is February 1, 2022. February 4 is the end of the first pay period and includes work completed during the week of February 1-4. Using the payroll register, compute the employee gross pay and net pay using 40 hours as the standard workweek for all employees except Mary Shangraw, who works 20 hours per week and receives overtime for any time worked past that point per company policy. The other hourly employees receive overtime pay when they work more than 40 hours in one week. Joel Schwartz has made $5,000 in case sales at a 3 percent commission rate during this pay period. Remember that the employees are paid biweekly. Note that the first pay period comprises only four days of work, but the pay frequency for federal income tax purposes is biweekly. Federal withholding tax should be computed using the wage-bracket tables in Appendix C. State withholding tax for Vermont is computed at 3.35 percent of taxable wages (i.e., gross pay less pre-tax deductions). The same deductions are allowed for state as for federal. February 18, 2022, is the end of the final pay period for the month. Schwartz has sold $7,500 of products during this pay period at a 3 percent commission. Pay will be disbursed on February 22, 2022, and check numbers will continue from prior payroll. For all employees, over 32 hours in the first week will be overtime. The hours for the nonexempt employees are as follows: Hours worked Name Hourly rate 2/1-2/4 Towle Long $19.00000 32 hours $19.00000 33 hours Shangraw $16.00000 16 hours Success (You) $16.77885 32 hours Hours worked Name Hourly rate Towle $19.00000 2/5-2/18 82 hours Long $19.00000 80 hours Shangraw $16.00000 42 hours Success (You) $16.77885 81 hours Required: Complete the payroll register for this pay period and update the Employee Earnings Record form for each employee with the corresponding information. The Step-2 of Form W-4 is unchecked. The amount per period should be included in the record. As an example, if an employee elected to contribute $1,300 to his or her FSA, the period payroll deduction would be $1,300/26, or $50. All insurance and 401(k) deductions are pre-tax for federal and state. Benefit-related payroll deductions will take effect on the first pay period of March. Employee Flex-Time Child Care Assistance (under $5,000 annually) FSA (annual) Educational Assistance ($4,000 annually) Life Insurance (at 1% Long-Term Care of annual salary Insurance ($15 value) per period) Gym Membership ($15 per month) Millen Yes Yes $ 500.00 No Yes No Yes Towle No No $ 1,200.00 Yes No No Yes Long Yes Yes $ 700.00 Yes Yes No Yes Shangraw Yes No $ 200.00 No Yes No No Lewis No No 1,600.00 No Yes Yes No Schwartz No Prevosti Yes 22 No $ 450.00 Yes Yes No Yes No $ 900.00 No Yes No Yes Student No No $ 300.00 Yes No No Yes Payroll Register 020422 Payroll Register 021822 Thomas Avery Towle Charlie Long Millen Mary Shangraw Kristen Lewis Joel Schwartz Student Toni Prevosti Success Complete the payroll register form for the pay period ending February 4th 2022 for each employee with the corresponding information. Note: Round your answers for "Hourly Rate" or "Period Wage" to 5 decimal places. Round all other intermediate computations and final answers to 2 P/R End Date Check Date 2/4/2022 2/8/2022 Company Name: Name Thomas Millen Filing Status Dependents Hourly rate or Period wage Number of Regular Hours Number of Overtime Hours Number of Holiday Hours Commissions MJ 3 <17; 1 Other 0 0 $ 0.00 Avery Towle S None 19.00000 2 0 $ 0.00 Charlie Long MJ 2 <17 19.00000 0 0 $ 0.00 Mary Shangraw S 1 Other 16.00000 2 0 $ 0.00 Kristen Lewis MJ 2 <17; 1 Other 0 0 $ 0.00 Joel Schwartz MJ 2 <17 0 0 Toni Prevosti MJ 3 <17; 2 Other 0 0 $ 0.00 Student Success S None 1 0 $ 0.00 Totals $ 0.00 Prevosti Farms and Sugarhouse Taxable Wages for Taxable Wages Gross Earning 401(K) Section 125 Federal W/H for FICA 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 Vages CA Federal W/H Social Security Medicare W/H Tax State W/H Tax Total Deductions Net Pay Check Number Tax 6628 6629 6630 6631 6632 6633 6634 6635 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 Check Date Name Thomas Millen Avery Towle Charlie Long Mary Shangraw Kristen Lewis Joel Schwartz Toni Prevosti Student Success Totals 2/22/2022 Filing Status Dependents Hourly Rate or Period Number of Regular wage Hours Number of Overtime Hours Number of Holiday Hours Commissions 0.00 Gross Earning 401(k) Section 125 Taxable Wages for Taxable Wages for Federal W/H FICA 0.00 $ 0.00 EA 0.00 $ 0.00 $ 0.00 es for Federal W/H Social Security Tax Medicare W/H Tax State W/H Tax Total Deductions Net Pay Check Number 6636 6637 6638 6639 6640 6641 6642 6643 0.00 $ 0.00 $ 0.00 0.00 0.00 $ 0.00 $ 0.00