Question: You gathered the following data from time cards and individual employee earnings records. Your tasks are as follows: 1. On December 5, 201X, prepare a
You gathered the following data from time cards and individual employee earnings records. Your tasks are as follows:
1. On December 5, 201X, prepare a payroll register for this biweekly payroll.
2. Calculate the employer taxes of FICA OASDI, FICA Medicare, FUTA, and SUTA.
.png)
Assume the following:
1. FICA OASDI is 6.2% on $106,800; FICA Medicare is 1.45% on all earnings.
2. Federal income tax is calculated from Figure 7.2.
3. State income tax is 8% of gross pay.
4. Union dues are $13 biweekly.
5. The SUTA rate is 5.4% and the FUTA rate is 0.8% on earnings up to$7,000.
Allowance and Cumulative Earnings Biweekly Employee Marital Status before This Payroll Abood, John Gallant, Nicki Malone, Jeff Scott, Paul Check No. Department S-3 S-1 S-2 S-1 $36,900 47,600 64,800 4,800 1,580 2,010 2,090 900 30 31 32 Production Office Production Office
Step by Step Solution
3.59 Rating (163 Votes )
There are 3 Steps involved in it
PAYROLL REGISTER DECEMBER 5 201X FICA OASDI 40796 FICA Medicare 9541 FUTA 720 SUTA 4860 Total 55917 ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
294-B-A-P (323).docx
120 KBs Word File
