Question

Complete the following payroll register for Thorndike Manufacturing Company. All workers receive time and one-half for hours worked in excess of 40 hours per week. Compute Social Security using 6.2% and Medicare using 1.45%. Medical insurance and union dues deductions are shown in the payroll register. Use the wage bracket method to determine federal income tax. Total each column and verify the total net pay amount. Payroll Register Earnings Deductions Employee Name Allow. Status Hours Worked Pay Rate Regular Overtime Gross Earnings Fed. Inc. Tax Social Security Medi-care Medical Ins. Union Dues Total Deductions Net Pay 1.5 6.2% 1.45% Pre-tax Smith, R. 2 M 49 17.40

Answer 1

solution pay roll Registero Name Status - Smith .R married. Allow - 2 Moomal working His – 40 Hes wook ed Hosts - U9 HRS. Earning i Regulas overtime uox 17.40 = 696 (149-40) X 16 5x11040) = 234.90 Gooss earning 930.90 Deduction Fed Inc. Tax = (930.90 x 10) = 93.09 social security tax = (930-90 % 6.2%) = 57.72 Medicare - 930.908 1.45% = 13.50 Total deduction 164.31 Note : Since there is no any conion dues given Hence it will be zero.