Complete the following payroll register for the employees for the week ending marcy 1, 20--. Taxable earnings should be computed on the basis of a 40-hour week with overtime earning being paid and one-half for all hours over 40 each workweek (no overtime for salaried employees). Note: Carry each overtime hourly rate out ot 3 decimal polaces and then round off to 3 decimal places. All employees' wages are subjects to teh OASDI tax of 6.2% and the HI tax of 1.45%. Teh supplemental HI rate of 0.9% is not applicable. Complete the attached payroll register through Gross Pay. PR.04.31AT completes the payroll register through Gross Pay. PR.04.32AT completes this problem to arrive at Net PayPAYROLL REGISTERFOR WEEK ENDINGMarch 120--TIME RECORDREGULAR EARNINGSOVERTIME EARNINGSNO. W/HRATENO.RATEEMPLOYEE'S FILING ALLOW. MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY NO. HOURS PERHOURS PERТОTALNO.STATUS CLAIMED(REGULAR) HOUR AMOUNT (0/T) HOUR AMOUNT EARNINGS41N/A8.8.98.5212.00$$32MFJN/A810109.824402,000.0063MFJN/A8.888813.0054N/A9.81088412.0045MFJN/A1088984212.5016N/A89109.8412.757N/A56.888412.0028MFJN/A8.888812.0049MFJN/A8.9.889.6.12.0010S18.89105401,950.00TOTALS.....$4..... ...- ........ ...-. ....-...--....... ..... ...%24

As in the question the computation table shows to arrive at total earnings and no specific method…

Answered: PR.04.31AT completes the payroll…

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)

22nd Edition

ISBN:9781305666160

Author:James A. Heintz, Robert W. Parry

Publisher:James A. Heintz, Robert W. Parry

Chapter9: Payroll Accounting: Employer Taxes And Reports

Section: Chapter Questions

Problem 7SPB: CALCULATING PAYROLL TAXES EXPENSE AND PREPARING JOURNAL ENTRY Selected information from the payroll...

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Question

Complete the following payroll register for the employees for the week ending marcy 1, 20--. Taxable earnings should be computed on the basis of a 40-hour week with overtime earning being paid and one-half for all hours over 40 each workweek (no overtime for salaried employees). Note: Carry each overtime hourly rate out ot 3 decimal polaces and then round off to 3 decimal places.

All employees' wages are subjects to teh OASDI tax of 6.2% and the HI tax of 1.45%. Teh supplemental HI rate of 0.9% is not applicable.

Complete the attached payroll register through Gross Pay.

PR.04.31AT completes the payroll register through Gross Pay. PR.04.32AT completes this problem to arrive at Net Pay
PAYROLL REGISTER
FOR WEEK ENDING
March 1
20--
TIME RECORD
REGULAR EARNINGS
OVERTIME EARNINGS
NO. W/H
RATE
NO.
RATE
EMPLOYEE'S FILING ALLOW. MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY NO. HOURS PER
HOURS PER
ТОTAL
NO.
STATUS CLAIMED
(REGULAR) HOUR AMOUNT (0/T) HOUR AMOUNT EARNINGS
41
N/A
8.
8.
9
8.
52
12.00
$
$
32
MFJ
N/A
8
10
10
9.
82
4
40
2,000.00
63
MFJ
N/A
8.
8
8
8
8
13.00
54
N/A
9.
8
10
8
8
4
12.00
45
MFJ
N/A
10
8
8
9
8
42
12.50
16
N/A
8
9
10
9.
8
4
12.75
7
N/A
5
6.
8
8
8
4
12.00
28
MFJ
N/A
8.
8
8
8
8
12.00
49
MFJ
N/A
8.
9.
8
8
9.
6.
12.00
10
S
1
8.
8
9
10
5
40
1,950.00
TOTALS.....
$4
..... ...- ..
...... ...-. ....-...--.
...... ..... ...
%24

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