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 Employee Worked Rate Salary Income Tax Savings Aaron 42 $30 $296.70 $40 Cobb 46 42 442.47 50 Clemente 43 26 219.83 65 35 40 294 35 DiMaggio Griffey, Jr. 48 38 414.96 100 Mantle $2,310 554.40 45 Robinson 36 34 183.60 85 Williams 2,590 569.80 55 Vaughn 45 46 437.00 75 Employees Mantle and Williams are office staff, and all of the other employees are sales personnel. All sales personnel are paid 1/2 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). Payroll for Week Ending December 9, 2018 Earnings Deductions Withheld Paid Accounts Debited ---- --I-- ncc: -- Payroll for Week Ending December 9, 2018 Earnings Deductions Withheld Paid Accounts Debited Federal Total Social Security Tax Income Ck. Medicare Tax Retirement Savings Sales Salaries Expense Office Salaries Expense Name Hours Regular Overtime Total Tax Total Net Pay No. $ $ $ $ $ $ $ $ Aaron 42 $296.70 $40 901 Cobb 46 442.47 50 902 Clemente 43 219.83 65 903 DiMaggio 35 294.00 35 904 Griffey, 48 414.96 100 905 Jr. $ Mantle 554.40 45 906 Robinson 36 183.60 85 907 Williams 569.80 55 908 Vaughn 45 437.00 75 909 $ $ $ $ $ $ $ $ $ Totals Feedback Check My Work are classified as either selling or administrative based on the purpose of the expense. 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. Sales Salaries Expense Office Salaries Expense Social Security Tax Payable Medicare Tax Payable lib1111 lllllll Employees Federal Income Tax Payable Retirement Savings Deductions Payable Salaries Payable Feedback Check My Work Remember that employee earnings have to be allocated to taxes, other deductions and net pay. Feedback Check My Work Partially correct 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 Employee Worked Rate Salary Income Tax Savings Aaron 42 $30 $296.70 $40 Cobb 46 42 442.47 50 Clemente 43 26 219.83 65 35 40 294 35 DiMaggio Griffey, Jr. 48 38 414.96 100 Mantle $2,310 554.40 45 Robinson 36 34 183.60 85 Williams 2,590 569.80 55 Vaughn 45 46 437.00 75 Employees Mantle and Williams are office staff, and all of the other employees are sales personnel. All sales personnel are paid 1/2 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). Payroll for Week Ending December 9, 2018 Earnings Deductions Withheld Paid Accounts Debited ---- --I-- ncc: -- Payroll for Week Ending December 9, 2018 Earnings Deductions Withheld Paid Accounts Debited Federal Total Social Security Tax Income Ck. Medicare Tax Retirement Savings Sales Salaries Expense Office Salaries Expense Name Hours Regular Overtime Total Tax Total Net Pay No. $ $ $ $ $ $ $ $ Aaron 42 $296.70 $40 901 Cobb 46 442.47 50 902 Clemente 43 219.83 65 903 DiMaggio 35 294.00 35 904 Griffey, 48 414.96 100 905 Jr. $ Mantle 554.40 45 906 Robinson 36 183.60 85 907 Williams 569.80 55 908 Vaughn 45 437.00 75 909 $ $ $ $ $ $ $ $ $ Totals Feedback Check My Work are classified as either selling or administrative based on the purpose of the expense. 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. Sales Salaries Expense Office Salaries Expense Social Security Tax Payable Medicare Tax Payable lib1111 lllllll Employees Federal Income Tax Payable Retirement Savings Deductions Payable Salaries Payable Feedback Check My Work Remember that employee earnings have to be allocated to taxes, other deductions and net pay. Feedback Check My Work Partially correct