All Agency A employees are paid biweekly on the 5th (for wages earned during the payperiod of the previous month's 16 80g month end) and the 20th (for wages earned during the payperiod of the 1st through 15) Overtime is paid at the rate of 1 % times regular salary. Monthly deductions remain the same percentage of gross earnings. For instance, an employee whose regular salary is $1000 has 10% or $100 withheld for federal taxes. If the same employee earns $200 in overtime, his federal tax deduction would be $120, or 10% of $1200 In converting monthly salaries to hourly rates, compute on the basis of 173.33 working hours in a month. Employee Sam Cat Joe Mike Maria Tony Tom Jerry Ron April Jon Title Division S Agency A Monthly Payroll Tech Clerk Regular Gross Monthly Salary Monthly Deudction from Gross Federal Tax State Tax Misc. Supervisor S Manager $ Analyst $ Supervisor S $ S 1,317 $130.00 Secretary S 1,847 $250.00 Tech $ $ 2,089 $ 301.00 $ Analyst $ 2,762 Director $ 4,536 $ 695.00 $ Tech $ 2,154 S 333.77 S 3,120 $ 624.00 $ 4,008 S 2,884 $ 432.60 $ 3,615 2,202 S 315.00 $ 156.00 240.48 $600.00 216.90 95.00 $14.17 $39.15 $ 54.00 146.23 $ 25.25 126.00 $98.10 241.31 193.00 Joe worked 14 hours of overtime one month. His gross earnings for that month would be Select the single best answer: A. $3125.26 B. $3189.83 C. $3233.41 D. $3301.95

Thomas Martin receives an hourly wage rate of $16, with time and a half for all hours worked in excess of 40 hours during a week. Payroll data for the current week are as follows: hours worked, 48; federal income tax withheld, $363; social security tax rate, 6.0%; and Medicare tax rate, 1.5%. What is the gross pay for Martin? Oa. $832 Ob. $1,536 Oc. $1,152 Od. $768

In 20--, the annual salaries paid each of the officers of Abrew, Inc., follow. The officers are paid semimonthly on the 15th and the last day of the month. Compute the FICA taxes to be withheld from each officer's pay on (a) November 15 and (b) December 31. Round your answers to the nearest cent. If an amount is zero, enter "0". a.     November 15 Name and Title AnnualSalary OASDI TaxableEarnings OASDI Tax HI TaxableEarnings HI Tax Hanks, Timothy, President $152,520 $ $ $ $ Grath, John, VP Finance 137,760         James, Sally, VP Sales 68,400         Kimmel, Joan, VP Mfg. 58,800         Wie, Pam, VP Personnel 52,800         Grant, Mary, VP Secretary 45,600         b.     December 31 Name and Title AnnualSalary OASDI TaxableEarnings OASDI Tax HI TaxableEarnings HI Tax Hanks, Timothy, President $152,520 $ $ $ $ Grath, John, VP Finance 137,760         James, Sally, VP Sales 68,400         Kimmel, Joan, VP Mfg. 58,800         Wie, Pam, VP Personnel 52,800…

Zolnick Enterprises has two hourly employees-Kelly and Jon. Both employees earn overtime at the rate of 1.5 times the hourly rate for hours worked in excess of 40 per week. Assume the Social Security tax rate is 6 percent on the first $110,000 of wages, and the Medicare tax rate is 1.5 percent on all earnings. Federal income tax withheld for Kelly and Jon was $270 and $233, respectively, for the first week of January. The following information is for the first week in January Year 1. Employee Kelly Jon Required a. Calculate the gross pay for each employee for the week. b. Calculate the net pay for each employee for the week. c. Prepare the general journal entry to record payment of the wages. Req A and B a. b. Hours Worked 54 49 Complete this question by entering your answers in the tabs below. Wage Rate per Hour $ 22 $ 27 Gross pay Net pay Req C Calculate the gross pay for each employee for the week. Calculate the net pay for each employee for the week. (Round intermediate…