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7. Complete a payroll register. Complete the following payroll register for Thorndike Manufacturing Company. All workers...

7.

Complete a payroll register.

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.

Register

Earnings

Deductions

Employee Name

Allow.

Status

Hours Worked

Pay
Rate

Regular

Overtime

Gross
Earnings

Fed. Inc.
Tax

Social
Security

Medicare

Medical
Ins.
Pre-tax

Union
Dues

Total
Deductions

Net Pay

1.5

6.2%

1.45%

Jones, I.

1

S

46

15.50

14.00

12.00

8.

Complete a partial earnings weekly record for Christina Morales.

Compute the deductions, net pay, and accumulated gross earnings. Assume that Christina is married and that $40.50 (pre-tax) was withheld for medical insurance and $15 for union dues each week. Use the wage bracket method to determine federal income tax. Round answers to the nearest hundredth.

Gross Earnings	Allow.	Fed. Inc. Tax	Social Security	Medicare	Medical Insurance	Union Dues	Total Deductions	Net Pay	Accum. Gross Earnings
			6.2%	1.45%	Pre-tax				$6,642.56
759.60	3

9.

Complete a payroll register.

Complete the following weekly payroll register for Mexican Imports International. 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 credit union savings deductions are shown in the payroll register. Use the percentage method to determine federal income tax. Round answers to the nearest hundredth.

Gross Earnings	Allow.	Marital Status	Fed. Inc. Tax	Social Security	Medicare	Medical Ins. (Pre-tax)	Cr. Union Savings	Total Deductions	Net Pay
				6.2%	1.45%
690.20	3	M				35.00	20.00

10.

Complete a partial employee earnings record for Joseph Craig.

Compute the deductions, net pay, and accumulated gross earnings for each weekly pay period. Assume that Joseph is single and that $28.25 was withheld for medical insurance (pre-tax) and $20 for his United Way contribution. Use the wage bracket method to determine federal income tax. Round answers to the nearest hundredth.

Gross Earnings	Allow.	Fed. Inc. Tax	Social Security	Medicare	Medical Insurance	United Way	Total Deductions	Net Pay	Accum. Gross Earnings
			6.2%	1.45%	Pre-tax				$4,208.60
685.50	0

11.

Complete a payroll register.

Complete the following weekly payroll register for Mexican Imports International. 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 credit union savings deductions are shown in the payroll register. Use the percentage method to determine federal income tax. Round answers to the nearest hundredth.

Gross Earnings	Allow.	Marital Status	Fed. Inc. Tax	Social Security	Medicare	Medical Ins. (Pre-tax)	Cr. Union Savings	Total Deductions	Net Pay
				6.2%	1.45%
705.55	1	S				35.00	20.00

12.

Complete a partial employee earnings record for Joseph Craig.

Compute the deductions, net pay, and accumulated gross earnings for each weekly pay period. Assume that Joseph is single and that $28.25 was withheld for medical insurance (pre-tax) and $20 for his United Way contribution. Use the wage bracket method to determine federal income tax. Round answers to the nearest hundredth.

Gross Earnings	Allow.	Fed. Inc. Tax	Social Security	Medicare	Medical Insurance	United Way	Total Deductions	Net Pay	Accum. Gross Earnings
			6.2%	1.45%	Pre-tax				$1,558.90
650.95	1

13.

Complete a partial employee earnings record for Joseph Craig.

Compute the deductions, net pay, and accumulated gross earnings for each weekly pay period. Assume that Joseph is single and that $28.25 was withheld for medical insurance (pre-tax) and $20 for his United Way contribution. Use the wage bracket method to determine federal income tax. Round answers to the nearest hundredth.

Gross Earnings	Allow.	Fed. Inc. Tax	Social Security	Medicare	Medical Insurance	United Way	Total Deductions	Net Pay	Accum. Gross Earnings
			6.2%	1.45%	Pre-tax				$2,897.95
700.25	1

14.

Complete a payroll register.

Complete the following weekly payroll register for Mexican Imports International. 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 credit union savings deductions are shown in the payroll register. Use the percentage method to determine federal income tax. Round answers to the nearest hundredth.

Gross Earnings	Allow.	Marital Status	Fed. Inc. Tax	Social Security	Medicare	Medical Ins. (Pre-tax)	Cr. Union Savings	Total Deductions	Net Pay
				6.2%	1.45%
710.50	0	M				35.00	20.00

15.

Complete a payroll register.

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.

Register

Earnings

Deductions

Employee Name

Allow.

Status

Hours Worked

Pay
Rate

Regular

Overtime

Gross
Earnings

Fed. Inc.
Tax

Social
Security

Medicare

Medical
Ins.
Pre-tax

Union
Dues

Total
Deductions

Net Pay

1.5

6.2%

1.45%

Talbot, A.

3

M

40

21.60

14.00

Expert Solution

7)

Register

Earnings

Deductions

Employee Name

Allow.

Status

Hours Worked

Pay

Regular

Overtime

Gross

Fed. Inc.

Social

Medicare

Medical

Union

Total

Net Pay

Rate

Earnings

Tax

Security

Ins.

Dues

Deductions

Pre-tax

1.5

6.20%

1.45%

Jones, I.

1

S

46

15.5

620

139.5

759.5

69

47.09

11.01

14

12

153.10

606.40

8)

Gross	Allow.	Fed. Inc.	Social	Medicare	Medical	Union	Total	Net Pay	Accum. Gross
Earnings	Allow.	Tax	Security	Medicare	Insurance	Dues	Deductions	Net Pay	Earnings
			6.20%	1.45%	Pre-tax				$6,642.56
759.60	3.00	50.00	47.10	11.01	40.50	15.00	163.61	595.99	7,402.16

9)

Gross	Allow.	Marital	Fed. Inc.	Social	Medicare	Medical Ins.	Cr. Union	Total	Net
Earnings	Allow.	Status	Tax	Security	Medicare	(Pre-tax)	Savings	Deductions	Pay
				6.20%	1.45%
690.20	3.00	M	48.12	42.79	10.01	35.00	20.00	155.92	534.28

10)


Gross	Allow.	Fed. Inc.	Social	Medicare	Medical	United	Total	Net Pay	Accum. Gross
Earnings	Allow.	Tax	Security	Medicare	Insurance	Way	Deductions	Net Pay	Earnings
			6.20%	1.45%	Pre-tax				$4,208.60
685.5	0	70	42.50	9.94	28.25	20	170.69	514.81	4,723.41

ekkarill92 answered 1 year ago

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7. Complete a payroll register. Complete the following payroll register for Thorndike Manufacturing Company. All workers...

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