Question: Submit your answers to the Unit 8 Dropbox in a single properly formatted Excel Workbook file. - Use a separate tab in the single Excel

 Submit your answers to the Unit 8 Dropbox in a single
properly formatted Excel Workbook file. - Use a separate tab in the

Submit your answers to the Unit 8 Dropbox in a single properly formatted Excel Workbook file. - Use a separate tab in the single Excel document for each problem. - Do not put all 4 problems on the same tab. - Be sure to rename each tab to indicate the question number. Your answer to this assignment should be submitted in a single Excel Workbook document. Question \# 1: Charles Giles worked 46 hours during this pay-week. He is paid time-and-a-half for hours over 40 and his pay rate is $17.90/ hour. What was his overtime premium pay for this workweek? Use the following information to answer Questions 2,3&4 : The totals from the first payroll of the year are shown below. Assume the following tax rates: 1. FICA tax-OASDI on employees: 6.2\%. 2. FICA tax-HI on employees: 1.45%. 3. FIT withheld from employees. 4. FICA tax-OASDI on employers: 6.2\%. 5. FICA tax-Hl on employers: 1.45%. 6. Net FUTA tax: 0.6%. 7. SUTA tax: 3.7%. Note - Correction to the Textbook - The 2\% reduction on the Employee's share of the OASDI expired on December 31, 2012. So, the correct rate to apply is 6.2% for both the employee and the employer. Unit 8 [AC499: Bachelor's Capstone in Accounting] Question \# 2: Joumalize the entry to record the payroll. Question H 3: Journalize the entry to record the empioyer's payroll taxes (assume a SUTA rate of 3.7\%). Question If 4: Joumalize the entry to deposit the FICA and FIT taxes. Your answer to this assignment should be submitted in a single Excel Workbook document

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