Workers' Compensation Insurance and Adjustment Specialty Manufacturing estimated that its total payroll for the coming year would be $462,500. The workers' compensation insurance premium rate is 0.2%.

Q: The last semimonthly payroll of Available Temp Services was $139,600 of gross wages for 113…

A: SUTA taxes = Gross wages x SUTA rate = $139,600 x 5.4% = $7,538.40

Q: Sheridan Hardware payroll for November 2020 is summarized below. Payroll Wages Due FICA State…

A:

Q: The weekly payroll of Abkar Hardware includes 19 employees who earn $240 each. How much is the…

A: Medicare tax rate=1.45%

Q: On January 15, the end of the first pay period of the year, North Company’s employees earned $28,000…

A: Payroll taxes The employer is required to pay a certain percentage to the government on the behalf…

Q: Urban Window Company had gross wages of $320,000 during the week ended July 15. The amount of wages…

A: Journal entry refers to the recording made by the business in the books of accounts, of all the…

Q: On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned…

A: Tax is the amount which is to be paid to the tax authorities of a nation.

Q: The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $480,000;…

A: 1) Total premium % paid by employees Premium paid by employees Premium paid by employer…

Q: Urban Window Company had gross wages of $320,000 during the week ended July 15. The amount of wages…

A: a)

Q: On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned…

A: Payroll taxes are the percentage of employee's salary that an employer held to pay it to the…

Q: On January 8, the end of the first weekly pay period of the year, Regis Company's payroll register…

A: FICA stands Federal Insurance Contributions Act, which is a US federal payroll contribution directed…

Q: Ryan's Sparkling Jewels estimated its payroll for the coming year to be $84,000. Its workers'…

A: Given that: Estimated payroll = $84000 Insurance premium = 0.6%

Q: On January 15, the end of the first pay period of the year, North Company's employees earned $32,000…

A: Payroll: The act of paying workers of a firm is referred to as payroll. This process involves…

Q: Widmer Company had grosswages of $320,000 during the week ended June 17. The amount of wages subject…

A: Journal entries are the reporting of the transactions in the books of accounts to maintain a record…

Q: Nielson Corporation has three employees. Each employee is paid overtime at time and one-half…

A: Payroll Register A payroll register is a tool used to keep track of each employee's wage information…

Q: On January 15, the end of the first biweekly pay period of the year, North Company's payroll…

A: Payroll: Payroll refers to the total amount that is required to be paid by the company to its…

Q: On January 8, the end of the first weekly pay period of the year, Regis Company's payroll register…

A: Payroll expense is the expense incurred by an employer for the employment given by him. It includes…

Q: 00             0.92                266.80     Manufacturing 264,000             2.20…

A: Great Manufacturing company         a. Record the estimated premium entry for the payment on…

Q: During the month of March, Preston Company's employees earned wages of $90,000. Withholdings related…

A: Journal entry: Journal entry is a set of economic events which can be measured in monetary terms.…

Q: On January 8, the end of the first weekly pay period of the year, Regis Company’s employees earned…

A: Tax: It is the compulsory payment that arises on income of individual, corporate and other entities.

Q: The last weekly payroll of Availble Temp Services was $35,110.00 for 55 employees. The company pays…

A: The following computations are done for Available temp Services to calculate the total cost fringe…

Q: On January 15, the end of the first pay period of the year, North Company's employees earned $28,000…

A: Payroll entry means entry used to record expenses on salaries and wages to be paid to employees…

Q: The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $200,000;…

A: Requirement 1:Calculation of the amount of premium paid by the employee& employer

Q: On January 15, the end of the first pay period of the year, North Company's employees earned $28,000…

A: Formula: FICA Social Securities Taxes = Sales Salaries expense x FICA Social Securities Taxes rate…

Q: On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned…

A: Payroll taxes is the percentage of employee's salary that an employer held to pay it to the…

Q: Urban Window Company had gross wages of $248,000 during the week ended July 15. The amount of wages…

A:

Q: The weekly payroll of Abkar Hardware includes 19 employees who earn $260 each. How much is the…

A: For Akbar Hardware, (a) Number of Employees = 19 (b) Payroll Frequency = Weekly (c) Earnings of each…

Q: The following data for Throwback Industries Inc. relate to the payroll for the week ended December…

A: Federal Income tax: Federal income tax is a tax on income and is imposed by the United State federal…

Q: Lakeview Company completed the following two transactions. The annual accounting period endsDecember…

A: Journal entry: It refers to the recording of day to day transactions of the business in the books of…

Q: Bonita Consulting Inc's gross salaries for the biweekly period ended August 24 were $15,000.…

A: Journal is the primary book where transactions are originally recorded. Further, a journal entry is…

Q: On January 15, the end of the first biweekly pay period of the year, North Company;s payroll…

A: Journal entry: It can be defined as the recording of financial events and transactions that have…

Q: On January 15, the end of the first pay period of the year, North Company’s employees earned $35,000…

A:

Q: On January 14, at the end of the second week of the year, the totals of Castle Company's payroll…

A: For the amount of  Social Security Tax and Medicare taxes  refer journal entry.

Q: Roppongi Company incurred payroll for the week ₱100,000, which consists of ₱70,000 earned by 20…

A: Introduction As per relevant standard payroll expense should include the bonus pay and the vacation…

Q: On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned…

A: Journal Entry - It is record of business transaction whether it is economic or non economic activity…

Q: At the end of October, the payroll register for Garden Marbles Corporation contained the following…

A: Formula: Federal unemployment tax amount = Unemployment deductions x federal unemployment tax rate…

Q: Nielson Corporation has three employees. Each employee is paid overtime at time and one-half…

A: Payroll is the salary register maintained by the HR department of the company which includes the…

Q: Great Manufacturing Company received and paid a premium notice on January 2 for workers'…

A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

Q: The following monthly data are taken from Ramirez Company at July 31: sales salaries, $200,000;…

A: Hey there since you have posted multiple questions, we can answer only first questions, please…

Q: Willamette Manufacturing estimated that its total payroll for the coming year would be $650,000. The…

A: rate of premium=0.3%

Q: On January 14, at the end of the second week of the year, the totals of Castle Company's payroll…

A: Payroll tax expense refers to the account is the holding account  which is used to track the balance…

Q: Spirit Corporation reported the following payroll-related costs for the month of February. Gross pay…

A: Payroll- Payroll is the procedure for paying a company's employees. This procedure entails…

Q: Urban Window Company had gross wages of $310,000 during the week ended July 15. The amount of wages…

A: Journal: Recording of a business transactions in a chronological order.

Q: During the month of February, Bridgeport Corp's employees earned wages of $79,920. Withholdings…

A: Given that total employees earned wages is $ 79920 Salaries and wages payable = Total employee…

Q: During one pay period, Star Valley Company distributes $137,500 to employees as net pay. The income…

A: Employee benefit costs, including but not limited to workers' compensation, health, life, or other…

Q: Riverside Company completed the following two transactions. The annual accounting period…

A: Payroll expenses include wages paid to employees in an accounting period as well as various…

Q: The payroll register for the Puhl Company for the week ended January 15th showed the following :…

A: The wages are the expenses of the company. The federal income tax withheld, roth IRA deductions,…

Q: Urban Window Company had gross wages of $200,000 during the week ended July 15. The amount of wages…

A: Payroll tax expense is the holding account which is used for tracking the employer contributions…

Q: On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned…

A: Given that: Office salaries = $25760 Sales salaries = $70840

Q: aximum subject to unemployment taxes. $180,000 of federal income taxes and $18,000 of union dues…

A: Payroll tax expense is the tax charge levied or withheld on the payroll of the employees.  Given:…

Q: Beamon Corporation had the following payroll for April:   Officers' salaries $34,000 Sales…

A: Payroll refers to the employee's salary register that is maintained by the employer in which all…