Question: Instructions Payroii Register Taxable Earnings Instructions Continuing Payroll Problem: Chapter 3 As you learned in the previous chapter, Kipley Company is a small manufacturing firm




Instructions Payroii Register Taxable Earnings Instructions 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 ability Requirements: 1. Compute the OASDI for each employee. 7 Compute the HI for each employee. 3. On the Employer Register, compute the employer FICA liability, Instructions Payroll Register Taxable Earnings Payroll Register Payroll Register Complete the steps below: 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. EARNINGS Name Gross OASDI Instructions Payroll Register Taxable Earnings Payroll Register KIPLEY COMPANY, INC. Employee Payroll Register For Period Ending January 8, 20-- EARNINGS DEDUCTIONS Name Gross OASDI HI FIT SIT SUTA CI Carson, F. $700.00 Wilson, W. 897.04 Utley, H. 678.75 Fife, L. 877.10 Smith, L 790.00 Fay, G. 539.15 Robey, G. 623.08 Schork, T. 773.08 Hardy, B. 666.11 Wilson, W. 897.04 Utley, H. 678.75 Fife, L 877.10 Smith, L. 790.00 Fay, G. 539.15 Robey, G. 623.08 Schork, T. 773.08
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