Example $3-1$

The monthly and hourly wage schedule for the employees of Quirk, Inc., follows. No employees are due overtime pay.

Compute the following for the last monthly pay of the year, rounded to the nearest cent:

a$.$ The total wages of each part$-$time employee for December $20--.$

b$.$ The OASDI and HI taxable wages for each employee.

c$.$ The FICA taxes withheld from each employee's wages for December.

d$.$ Totals of columns. $($Totals should include both full$-$time and part$-$time employees.$)$

e$.$ The employer's FICA taxes for the month.

$\backslash$table$[[$Employees$,\backslash$table$[[$Total Monthly$],[$Payroll$]],\backslash$table$[[$OASDI Taxable$],[$Wages$]],\backslash$table$[[$OASDI$],[$Tax$]],\backslash$table$[[$HI Taxable$],[$Wages$]],$HI Tax$],[\backslash$table$[[$Full$-$Time Office:$],[$Adaiar$,$ Gene$]]],[$Adaiar$,$ Gene,$$2,450\mathrm{.}00,89,621\mathrm{.}1,,2,095\mathrm{.}98,35\mathrm{.}53],[$Crup$,$ Jason,$2,800\mathrm{.}00,,,,],[$Essex$,$ Joan,$2,975\mathrm{.}00,,,,],[$Garza$,$ Irma,$2,985\mathrm{.}00,,,,],[$Leason$,$ Mel,$2,900\mathrm{.}00,,,,],[,,,,,]]$

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