Payroll Register The following data for Throwback Industries Inc. relate to the payroll for the week ended December 9, 20Y8:
Hours
Hourly Weekly Federal
Retirements
Employee
Worked
Rate
Salary Income Tax
Savings
Aaron
44
$40
$423.20
$70
Cobb
42
28
258.86
40
47
36
345.42
65
Clemente
DiMaggio
Griffey, Jr.
36
38
287.28
65
43
44
411.18
70
$1,960
470.40
Mantle
45
Robinson
35
32
168.00
60
-484.00
100
Williams
95
48
46
478.40
2,200
Vaughn
Employees Mantle and Williams are office staff, and all of the other employee) are sales personnel. All sales personnel are paid 1 V2 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, 20Y8. 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 December 9, 20Y8
Deductions Withheld
Earnings