m Accessibility Mode Paint Find 1) Complete the following weekly payroll:...

90.2K

Verified Solution

Question

Accounting

m
image
Accessibility Mode Paint Find 1) Complete the following weekly payroll: Marital Exemptions Gross FIT Soc Medicare Na Status Claimed Soc Pay Joe Riense M $1.400 B C D Assumc: (1) FIT calculated by percentage method and (2) Social Security 6.2% on S118,500, Medicare 1.45%. Cumulative camings before this payroll are $118,160. Use Circular 2015 E. (Round your answers to the nearest cent.) 2) John Rosc, owner of Rope Corporation, has three employees who cam $500, 3600, and $700 per week. After 12 weeks how much has John contributed for state and federal unemployment? Assume a state rate of 5.6% and a federal rate of 6%. 3) Westway Company pays Suzie Chan $3,000 per weck. By the end of week 52, how much did Westway deduct for Surie's Social Security and Medicare for the year? Assante Social Security is 6.2% on $118.500 and 1.45% for Medicare. What state and federal unemployment taxes does Westway pay on Suzie's yearly salary? The state unemployment tax is 5.196 Payroll Pero One wong $16.30 153 1660 3335 Weekly Bewody Sermonthly Mond Only Sammy Anny Dalysenos fach day of the past pen 1.000.00 2.000.00 300000 G MacBook Air * 30 3 ES $ % A &

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students