Question: I need help completing the following problems: Problem 1 - In each of the following cases, calculate the total gross pay for a weekly pay

I need help completing the following problems:

Problem 1 -

In each of the following cases, calculate the total gross pay for a weekly pay period.

  1. An employee earns a weekly salary of $1,250 plus a 3% commission on sales. The employee sold $7,500 this week.
  2. An employee earns $15.00 per hour and worked 47 hours this week.
  3. A salary non-exempt employee earns an annual salary of $64,000. The employee worked 50 hours this week.
  4. A salary non-exempt employee earns a salary of $5,500. The employee worked 45 hours this week.
  5. A salaried exempt employee earns a weekly salary of $450. The employee worked 39 hours this week.

Problem 2 -

Use the percentage method to computer the federal income tax withheld for the following employees

Name | Marital Status | Withholdings | Salary

Akers, M. Single 1 $1,075 weekly

Bostic, A. Married 0 $970 Bi-weekly

Carter, E. Single 5 $15,600 quarterly

Dotson, G. Married 6 $2,090 Semi-monthly

Evans, R. Married 0 $3,220 monthly

Problem 3 -

Use the wage bracket method to compute the federal income tax withholding for the following employees:

Name | Marital Status | Withholdings | Salary

Adkins, G. Married 2 $1,750 weekly

Baxter, V. Single 0 $565 weekly

Collins, H. Single 3 $815 weekly

Deskins, L. Married 6 $7,070 monthly

Evans, E. Married 2 $4,750 monthly

Foster, C. Married 5 $990 Semi-monthly

Gross, W. Single 0 $125 daily

Harper, K. Single 4 $4,010 Semi-monthly

Lowe, B. Married 2 $6,500 monthly

Problem 4 -

The Adams Co. pays their employees monthly on the last day of the month. Use the following information to compute the total FICA tax for the December 30 payroll for the employees and the employer.

Employee | Annual Salary

Smith, J. $45,650

Jones, T. $29,500

Bass, J. $33,000

Carson, A. $123,280

Williams, M. $42,800

Jones, A. $27,700

Mullins, F. $108,500

Smith, E. $75,500

Evans, R. $21,000

Turner, R. $66,760

Problem 5 -

The Carter Co. has employed the following individuals since the beginning of the year:

Haynes, S. - Office Worker who makes $2,100 per month.

Jones, T. - Salesperson who makes $35,000 per year.

Smith, J. - Stock Clerk who makes $220 per week.

Evans, R. - Delivery who makes $365 per week.

Smith, R. - Maintenance who makes $330 per week.

The Carter Co. is located in a state that requires unemployment contributions by the employer at a rate of 3.25% on the first $10,000 earned by each employee. The Co. is about to pay the 41st weekly payroll ending October 14, 2019.

Calculate the amount of FUTA tax:

Calculate the amount of SUTA tax:

Problem 6 -

Keith Dalton is the owner and sole employee of the Dalton Co. Keith pays himself a salary of $3,000 each week. Keith is about to complete the payroll entries for the week ending June 3 (his YTD pay is $75,000).

Tax Information:

FICA - OASDI

FICA - HI

Federal Income Tax Withheld ($532 per pay period)

State Income Tax Withheld ($22% of Federal Withholding)

FUTA Tax

SUTA Tax (0.05% on the first $14,000)

Additional Deductions:

401-K Plan (3% per pay period)

Child Support Garnishment ($200 per pay period)

Health Insurance Premium ($170 per pay period)

Complete the journal entry to record the payroll:

Complete the journal entry to record the payroll tax:

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