River Signorini works for New & Old Apparel, which pays employees on a semimonthly basis. River's annual salary is $177,500. Required: Calculate the following Note: Round your final answers to 2 decimal places. Pay Date Prior YTD Earnings October 15 December 311 Social Security Taxable Wages Medicare Taxable Wages Employer Share Social Security Tax Employer Share Medicare Tax

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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River Signorini works for New & Old Apparel, which pays employees on a semimonthly basis. River's annual salary is $177,500.
Required:
Calculate the following
Note: Round your final answers to 2 decimal places.
Pay Date Prior YTD Earnings
October 15
December 31.
Social Security
Taxable Wages
Medicare Taxable
Wages
Employer Share
Social Security Taxi
Employer Share
Medicare Tax
Transcribed Image Text:River Signorini works for New & Old Apparel, which pays employees on a semimonthly basis. River's annual salary is $177,500. Required: Calculate the following Note: Round your final answers to 2 decimal places. Pay Date Prior YTD Earnings October 15 December 31. Social Security Taxable Wages Medicare Taxable Wages Employer Share Social Security Taxi Employer Share Medicare Tax
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