Question: please include how to calculate each requirement . please also answer requirement 2 & requirement 3 Hoiden Erreson monages a Dairy Wond dive-th. Hs straight



Hoiden Erreson monages a Dairy Wond dive-th. Hs straight -time pay is $13 pes hour, whth time-and a -har kor hours in excess of 40 per week. Simpson's payroll deducticns inelado withhold incorre tax of 40\%, FICA tax, and a weeky deduelion of \$11 for a chat lable contribution to Unilod Way. Simpeon worked 53 hours daring the weck (B) (Click the icon to vew payroll tax ralo information) Read the 1egimenents More info Requirements For al parreli caiculatons, ute the follswing tax ratos and round amounts to the nearet cent 1. Computo Simposis groes pay and nel pay for the weok Assume carrings to dise wo $11,000. Emoloyes: Onso 62K on feet 1132.000 earned, Medicaie: 1.45W up to 2. Joumalies Dairy Worlds wages ereenee acerual for Simpsionis work An coplunation is not foquited Employer OASOL. 6.2\% on Sist 5132,900 eamod, Modicare. 1.45\%. FUTA. 1. Joumalie the sibeoguent payment of waged to simpen. Requirement 1. Compute Simpson's gross pay and net pay for the week. Assume earnings to date are $11,000. (Roynd all amounts to the nearest cent.) Begin by computing Simpson's gross pay for the week. Compute Simpson's net pay for the week. (Round all amounts to the nearest cent) Requirement 2. Journalize Dairy World's wages expense accrual for Simpson's work. An explanation is not required. (Record debits first, then credits. Exclude explanations from journal entries.)
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