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Operations Management
Earnings at End of Federal Hours Previous Total Income Name Worked Week Earnings Class. Other Deductions Tax Albee, C. 44 63,340.00 1,650.00 Sales 193.37 UW 25.00 Don, V. 40 136,410.00 2,841.00 Sales 487.03 AR 95.00 Fine, J. 40 76,860.00 1,507.00 Sales 171.92 UW 25.00 Ginny, N. 46 33,590.00 660.00 Office 46.00 UW 35.00 Johnson, J. 47 56,980.00 1,117.00 Office 113.00 UW 25.00 Lund, D. 43 116,600.00 2,100.00 Sales 301.78 UW 20.00 Maya, R. 42 66,860.00 1,310.00 Sales 143.00 AR 70.00 Nord, P. 41 36,750.00 720.00 Sales 55.00 UW 20.00 Oscar, T. 43 93,480.00 1,832.00 Sales 234.78 UW 25.00 Troy, B. 40 47,250.00 930.00 Sales 86.00 UW 20.00

Earnings at End of Federal Hours Previous Total Income Name Worked Week Earnings Class. Other Deductions Tax Albee, C. 44 63,340.00 1,650.00 Sales 193.37 UW 25.00 Don, V. 40 136,410.00 2,841.00 Sales 487.03 AR 95.00 Fine, J. 40 76,860.00 1,507.00 Sales 171.92 UW 25.00 Ginny, N. 46 33,590.00 660.00 Office 46.00 UW 35.00 Johnson, J. 47 56,980.00 1,117.00 Office 113.00 UW 25.00 Lund, D. 43 116,600.00 2,100.00 Sales 301.78 UW 20.00 Maya, R. 42 66,860.00 1,310.00 Sales 143.00 AR 70.00 Nord, P. 41 36,750.00 720.00 Sales 55.00 UW 20.00 Oscar, T. 43 93,480.00 1,832.00 Sales 234.78 UW 25.00 Troy, B. 40 47,250.00 930.00 Sales 86.00 UW 20.00

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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I need help with the following questions refering to the image below.

The information for Titan Company, shown in following chart, is available from Titan's time records and the employee's individual earnings records for the pay period ended December 22.

1. Complete the payroll register using a Social Security tax rate of 6.2 percent and a Medicare tax rate of 1.45 percent. Concerning Other Deductions, AR refers to Accounts Recievable and UW refers to United Way. Begin payroll checks in the payroll register with No. 2914.

2. Prepare the general journal entry to record the payroll. The firm's general ledger contains a Salary Expense account and a Salaries Payable account.

3. Prepare the general journal entry to pay the payroll. Assume that funds for this payroll have been transferred to Cash-Payroll Bank Account and that this entry has been made.

Earnings at End of Federal Hours Previous Total Income Name Worked Week Earnings Class. Таx Other Deductions Albee, C. 44 63,340.00 1,650.00 Sales 193.37 UW 25.00 Don, V. 40 136,410.00 2,841.00 Sales 487.03 AR 95.00 Fine, J. 40 76,860.00 1,507.00 Sales 171.92 UW 25.00 Ginny, N. 46 33,590.00 660.00 Office 46.00 UW 35.00 Johnson, J. 47 56,980.00 1,117.00 Office 113.00 UW 25.00 Lund, D. 43 116,600.00 2,100.00 Sales 301.78 UW 20.00 Maya, R. 42 66,860.00 1,310.00 Sales 143.00 AR 70.00 Nord, P. 41 36,750.00 720.00 Sales 55.00 UW 20.00 Oscar, T. 43 93,480.00 1,832.00 Sales 234.78 UW 25.00 Troy, B. 40 47,250.00 930.00 Sales 86.00 UW 20.00
Transcribed Image Text:Earnings at End of Federal Hours Previous Total Income Name Worked Week Earnings Class. Таx Other Deductions Albee, C. 44 63,340.00 1,650.00 Sales 193.37 UW 25.00 Don, V. 40 136,410.00 2,841.00 Sales 487.03 AR 95.00 Fine, J. 40 76,860.00 1,507.00 Sales 171.92 UW 25.00 Ginny, N. 46 33,590.00 660.00 Office 46.00 UW 35.00 Johnson, J. 47 56,980.00 1,117.00 Office 113.00 UW 25.00 Lund, D. 43 116,600.00 2,100.00 Sales 301.78 UW 20.00 Maya, R. 42 66,860.00 1,310.00 Sales 143.00 AR 70.00 Nord, P. 41 36,750.00 720.00 Sales 55.00 UW 20.00 Oscar, T. 43 93,480.00 1,832.00 Sales 234.78 UW 25.00 Troy, B. 40 47,250.00 930.00 Sales 86.00 UW 20.00
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