The following data for Throwback Industries Inc. relate to the payroll for the week ended...
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Accounting
The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8: Employees Mantle and Williams are office stalf, and all of the other employees are sales personnel, All sales personnel are paid 1% times the regular rate for all hours in excess of 40 hours per week, The social security tax rate is 6%, and Medicare tax is 1.5% of each employee's annual. earnings. The next payroll check to be used is No. 901. Required: 1. Prepare a payroll register for Throwback Industries Inc, for the week ended December 9,20 Y8. Assume the normal working hours in a week are 40 hours, Enter amounts as positive numbers. Round your intermediate calculations and final answers to the nearest whole cent (two decimal places). Payroll for Week Ending inding December 9,20Y8 2. Journalize the entry to record the payroll for the week. If required, round your answers to two decimal places. If an amount box does not puire an entry, leave it blank




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