Help on this problem would be immensely appreciated. Instructions...
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Help on this problem would be immensely appreciated.
Instructions Continuing Payroll Problem: Chapter 3 As you learned in the previous chapter, Kipley Company is a small manufacturing firm located in Pittsburgh, Pennsylvania. The company has a workforce of both hourly and salaried employees. In the last chapter, gross wages were computed for each employee. Adjacent to their name, each employee's gross wages are shown in the Payroll Register. The next task is computing the FICA withholding for each employee and the employer's liability. Requirements: 1. Compute the OASDI for each employee. 2. Compute the HI for each employee. 3. On the Employer Register, compute the employer FICA liability. moter Room YOU ar answers to the mea Payroll Register Payroll Register Complete the steps below: 1. Compute the OASDI for each employee. 2. Compute the HI for each employee. 3. Compute the totals for each tax. Note: Round your final answers to the nearest cent. KIPLEY COMPANY. INC. KIPLEY COMPANY, INC. Employee Payroll Register For Period Ending January 8, 20-- EARNINGS DEDUCTIONS SIT SUTA NET PAY Ck. No. Amount Name Gross OASDI HI FIT CIT SIMPLE Grp. Ins. Health Ins. Carson, $700.00 $ Wilson, 897.04 w. Utley, 678.75 H. Fife, L. 877.10 ht Smith, 790.00 Fay, G. 539.15 Robey, 623.08 G. Schork, 773.08 Hardy, 666.11 EARNINGS DEDUCTIONS NET PAY Ck. No. Amount Name Gross OASDI HI FIT SIT SUTA CIT SIMPLE Grp. Ins. Health Ins. Carson, F. $700.00 Wilson, 897.04 W. Utley, 678.75 H. 877.10 Fife, L. Smith, 790.00 L. Fay, G. 539.15 Robey, 623.08 Schork, 773.08 T. Hardy, B. 666.11 Kipley, 1,000.00 Employer Register Employer Register Complete the step below: 1. Enter the earnings upon which the employer liability will be computed. 2. Compute the employer FICA liability. Note: Round your final answers to the nearest cent. KIPLEY COMPANY, INC. Employer Register Payroll Taxes Earnings OASDI HI FUTA SUTA Totals
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