Using the attached information file, Calculate (1) the weekly paycheck for each staff person and (2) total
Question:
Using the attached information file, Calculate (1) the weekly paycheck for each staff person and (2) total cost of payroll for the organization for the week. Information you will need: Hourly rate of pay Pay status (exempt or non-exempt) Productive and non-productive hours worked State of Missouri and federal income tax rates based on filing status. Social Security tax (employer and employee) Medicare tax (employer and employee) Pre- and post- tax insurance deductions W-4 withholding details (e.g., single, head of household, etc) W-4 holding reductions/increases 401(k) matching – max of 3% (half of employee contribution to 6%) Employer contribution of $80.77 per week to medical insurance
Systems Analysis and Design in a Changing World
ISBN: 978-1305117204
7th edition
Authors: John W. Satzinger, Robert B. Jackson, Stephen D. Burd