Haggerty Company pays its salaried employees monthly on the last day of each month. The annual salary payroll for 20-- follows. Compute the following for the payroll of December 31:If an amount is zero, enter "0". Round your answers to the nearest cent.EmployeeAnnual SalaryOASDI Taxable WagesOASDI TaxHI Taxable WagesHI TaxStern, Myra$42,150 Lundy, Hal39,500 Franks, Rob46,000 Haggerty, Alan161,280 Ward, Randy40,800 Hoskin, Al39,600 Wee, Pam156,000 Prince, Harry76,800 Maven, Mary52,000 Harley, David68,960 Totals Employer's OASDI Tax Employer's HI Tax

Social Security is essentially a benefit given to older workers, the disabled as well as their…

Answered: following for the payroll of December

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter3: Social Security Taxes

Section: Chapter Questions

Problem 9PB

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Haggerty Company pays its salaried employees monthly on the last day of each month. The annual salary payroll for 20-- follows. Compute the following for the payroll of December 31:

If an amount is zero, enter "0". Round your answers to the nearest cent.

Employee	Annual Salary	OASDI Taxable Wages	OASDI Tax	HI Taxable Wages	HI Tax
Stern, Myra	$42,150
Lundy, Hal	39,500
Franks, Rob	46,000
Haggerty, Alan	161,280
Ward, Randy	40,800
Hoskin, Al	39,600
Wee, Pam	156,000
Prince, Harry	76,800
Maven, Mary	52,000
Harley, David	68,960
Totals

Employer's OASDI Tax
Employer's HI Tax

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