Question: Payroll Register The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8 Hours Hourly Weekly Federal Retirements




Payroll Register The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8 Hours Hourly Weekly Federal Retirements Savings Employee Aaron Cobb Worked Rate Salary Income Tax DiMaggio Griffey, Jr Mantle Robinson Williams Vaughn Employees Mantle and Williams are office staff, and all of the other employees are sales personnel. All sales personnel are paid 1 times the regular rate for all hours in excess of 40 hours per week. The social security tax rate is 6%, and Medicare tax is 1.5% of each employee's annual earnings. The next payroll check to be used is No. 901. Required 1. Prepare a payroll register for Throwback Industries Inc. for the week ended December 9, 20Y8. Assume the normal working hours in a week are 40 hours. Enter amounts as positive numbers. Round your intermediate calculations and final answers to the nearest whole cent (two decimal places) 46 41 43 37 48 S46 32 24 34 42 $518.42 285.52 202.92 264.18 458.64 556.80 189.00 572.00 257.60 S80 100 50 95 90 90 95 35 100 $2,320 35 36 2,600 28 Payroll for Week Ending December 9, 20Y8 Earnings Deductions Withheld Federal Income Tax Pald Social Security Total Medicare Retirement Tax Overtime Total Tax Savings Net Pay Name Hours Aaron 46 Cobb 41 Clemente 43 DiMaggio 37 Griffey Jr Mantle Robinson 35 Williams Vaughn 44 Totals Regular Total $518.42 285.52 202.92 264.18 $80 50 95 48 458.64 90 556.80 189.00 572.00 257.60 90 95 35 100 Payroll for Week Ending December 9, 20Y8 Accounts Debited Deductions Withheld Federal Income Tax Paid Sales Salaries Expense Office Salaries Expense Social Security Ck No 901 902 903 904 Medicare Retirement Tax Tax Savings Total Net Pay $518.42 285.52 202.92 264.18 $80 100 50 95 458.64 90 905 556.80 189.00 572.00 257.60 90 95 35 906 907 908 909 100 2. Journalize the entry to record the payroll for the week. If required, round your answers to two decimal places. If an amount box does not require an entry, leave it blank
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