Gross wages $660 falls between 660-670 and claim 3 witholding allownce hence federal tax withholding will be $27 |
Net Pay will be ( 660-50.49-27-13.20-40)=529.31 |
| |-| | Weygandt, Accounting Principles, 13e Help l System·Announcements Exercise 11-09 a-b (Part Level Submission)...
Return to Blackboard Weygandt, Accounting Principles, 13e Heln I System Announcements CALCULATOR PRINTER VERSION 4 BACK NEXT Exercise 11-09 a-b (Part Level Submission) Mary Garza's regular hourly wage rate is $12.00, and she receives a wage of 1% times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period, Mary worked 50 hours. Her gross earnings prior to the current week married and claims three withholding allowances. Her only voluntary deduction is for...
Exercise 11-09 a-b (Part Level Submission) Dul Garza's regular hourly wage rate is $14.50, and she receives a wage of 14 times the regular hourly rate for work in excess of 40 hours. During a daims three withholding allowances. Her only voluntary deduction is for group hospitalization insurance at $20 per week. MARRIED Persons -- WEEKLY Payrol Period For Wage December 2017) And the number of withholding allowances claimed is 巴 | 自 1 2 3 4 5 6 7...
Exercise 11-09 a-b (Part Level Submission) Duh Garza's regular hourly wage rate is $14.50, and she receives a wage of 14 times the regular hourly rate for work in excess of 40 hours. During a claims three withholding allowances. Her only voluntary deduction is for group hospitalization Insurance at $20 per week. MARRIED Persons -- WEEKLY Payroll Period For Wart ember 2017) And the number of withholding allowances claimed is 日 1 2 3 4 5 6 7 1 4...
Lenny Florita, an unmarried employee, works 44 hours in the week ended January 12. His pay rate is $14 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims four withholding allowances. Compute his regular pay, overtime pay (Lenny earns $21.00 per hour for each hour over 40 per week), and gross pay. Then compute his FICA tax deduction (6.2% for the Social Security portion and 1.45% for the Medicare portion),...
Jhansy Garza's regular hourly wage rate is $15.00, and she receives a wage of 1½ times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period, Jhansy worked 43 hours. Her gross earnings prior to the current week were $6,500. Jhansy is married and claims three withholding allowances. Her only voluntary deduction is for group hospitalization insurance at $40 per week. MARRIED Persons ― WEEKLY Payroll Period (For Wages Paid through December 2017)...
PRINTER VERSION BACK NEXT Problem 11-3A (Part Level Submission) Mann Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40 a week. Payroll data for the week ended March 15, 2017, are presented below. Employee Hours Worked Hourly Rate Federal Income Tax Withholdings United Fund Ben Abel 40 $15.00 $7 $5.00 Rita Hager 41 14.00 7 5.00 Jack Never 13.00 60.00 8.00 Sue Perez 46 13.00 61.00 5.00 Abel...
Problem 11-03A a-d Vaughn Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40 a week. Payroll data for the week ended March 15, 2020, are presented below. Employee Ben Abel Rita Hager Jack Never Sue Perez Hours Worked 40 42 Hourly Rate Withholdings Fund $5 $15 16 13 13 60 61 8 46 Abel and Hager are married. They claim 0 and 4 withholding allowances, respectively. The following...
Problem 11-3A (Part Level Submission) Mann Hardware has four employees who are paid on an hourly basis plus time and a half for all hours worked in excess of 40 a week. Payroll data for the week ended March 15, 2017, are presented below. Employee Hours Worked United Fund Federal Income Tax withholdings $? 2 Ben Abel Rita Hager Jack Never Sue Perez Hourly Rate $15.00 14.00 13.00 13.00 40 41 44 46 $5.00 5.00 8.00 5.00 60.00 61.00 Abel...
Lenny Florita, an unmarried employee, works 50 hours in the week ended January 12. His pay rate is $12 per hour, and his wages have deductions for FICA Social Security, FICA Medicare, and federal income taxes. He claims four withholding allowances. Compute his regular pay, overtime pay (Lenny earns $18 per hour for each hour over 40 per week), and gross pay. Then compute his FICA tax deduction (6.2% for the Social Security portion and 1,45% for the Medicare portion),...
Your answer is partially correct. Mary Strand's regular hourly wage rate is $14, and she receives an hourly rate of $21 for work in excess of 40 hours. During a January pay period, Mary works 45 hours. Mary's federal income tax withholding is $85.00, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%. Prepare the employer's journal entries to record (a) Mary's pay for the period and (b) the payment of Mary's wages. Use January...