Emplovees are paid 150 times the regular hourly rate for all hours worked in excess...
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Accounting
Emplovees are paid 150 times the regular hourly rate for all hours worked in excess of 40 hours per woek. FiCA taxes are 7.65% on the first $132.900 of gross earnings: Sheridan Company is subject to 5.40% state unemployment taxes and 0.60% federal unemployment taves on the first $7,000 of gross earnings. (a) Prepare the payroll register for the weekly payroll. (Round answers to 2 decimal places, e.g. 15.25.) Prepare the payroll register for the weekly payroll. (Round answers to 2 decimal places, e.g. 15.25.)
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