COLLEGE ACCOUNTING (LL)W/ACCESS>CUSTOM<
4th Edition
ISBN: 9781260255157
Author: Haddock
Publisher: MCG CUSTOM
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Chapter 11, Problem 4PB
1.
To determine
Calculate state
2.
To determine
Journalize the entry to record the payment of State unemployment tax on April 30, 2019.
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The State Unemployment Tax Act, better known as SUTA, is a form of payroll tax that all states require employers to pay for their employees. SUTA is a counterpart to FUTA, the federal unemployment insurance program.
Complete the following step:
Compute and record the employee's SUTA contributions (employees pay 0.06% on total gross pay).
Note : Round your final answers to nearest cent.
KIPLEY COMPANY, INC.Employee Payroll RegisterFor Period Ending January 8, 20--
EARNINGS
DEDUCTIONS
NET PAY
Name
Gross
OASDI
HI
FIT
SIT
SUTA
CIT
SIMPLE
Grp. Ins.
Health Ins.
Ck. No.
Amount
Carson, F.
$700.00
$43.40
$10.15
$48.00
$21.49
$21.00
$20.00
Wilson, W.
897.04
55.62
13.01
68.00
27.54
26.91
50.00
Utley, H.
678.75
42.08
9.84
14.00
20.84
20.36
40.00
Fife, L.
877.10
54.38
12.72
33.00
26.93
26.31
50.00
Smith, L.
790.00
48.98
11.46
59.00
24.25
23.70
20.00
Fay, G.
539.15
33.43
7.82
0.00
16.55…
The following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid semimonthly. Some employees have
union dues or garnishments deducted from their pay. You do not need to complete the number of hours.
Required:
Calculate their net pay using the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C to
determine federal income tax. Assume box 2 is not checked for any employee. Include Colorado income tax of 4.55 percent of taxable
pay. No employee has exceeded the maximum FICA limit.
Note: Round your intermediate calculations and final answers to 2 decimal places.
Employee
S. Bergstrom
C. Pare
L Van der Hooven
S Lightfoot
Filing Status,
Dependents
MJ-0
MJ-2 (<17)
S-1 (Other)
MJ-0
Union Dues
per Period
Pay
$ 1,760
$ 3,620 S
$ 3,345 $
$ 2,970
Garnishment
per Period
$
120
240 $
$
50
75
100
Net Pay
The following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid semimonthly. Some employees have
union dues or garnishments deducted from their pay. You do not need to complete the number of hours.
Required:
Calculate their net pay using the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C to
determine federal income tax. Assume box 2 is not checked for any employee. Include Colorado income tax of 4.55 percent of taxable
pay. No employee has exceeded the maximum FICA limit.
Note: Round your intermediate calculations and final answers to 2 decimal places.
Employee
S. Bergstrom
C. Pare
L. Van der Hooven
S. Lightfoot
Filing Status,
Dependents
MJ-0
MJ-2 (<17)
S-1 (Other)
MJ-0
Answer is complete but not entirely correct.
Union
Dues
per Period
Pay
$ 1,810
$ 3,720
$ 3,445 S
3,070
$ 120
240
Garnishment
per Period
55
H
50
75
100
Net Pay
$ 1,489.02
2,906.45
2,575.44 x
2,425.43
ssss
$
$
$
Chapter 11 Solutions
COLLEGE ACCOUNTING (LL)W/ACCESS>CUSTOM<
Ch. 11 - Prob. 1.1SRQCh. 11 - Prob. 1.2SRQCh. 11 - Prob. 1.3SRQCh. 11 - Prob. 1.4SRECh. 11 - Prob. 1.5SRECh. 11 - Prob. 1.6SRACh. 11 - Prob. 2.1SRQCh. 11 - Prob. 2.2SRQCh. 11 - Prob. 2.3SRQCh. 11 - Prob. 2.4SRE
Ch. 11 - Prob. 5SRECh. 11 - At the end of the year, the business has a balance...Ch. 11 - Prob. 1CSRCh. 11 - Prob. 2CSRCh. 11 - Prob. 3CSRCh. 11 - Prob. 4CSRCh. 11 - Prob. 5CSRCh. 11 - Prob. 1DQCh. 11 - Prob. 2DQCh. 11 - Prob. 3DQCh. 11 - Prob. 4DQCh. 11 - Prob. 5DQCh. 11 - Prob. 6DQCh. 11 - Prob. 7DQCh. 11 - Prob. 8DQCh. 11 - Prob. 9DQCh. 11 - Prob. 10DQCh. 11 - Prob. 11DQCh. 11 - Prob. 12DQCh. 11 - Prob. 13DQCh. 11 - Prob. 14DQCh. 11 - Prob. 15DQCh. 11 - Prob. 16DQCh. 11 - Prob. 17DQCh. 11 - Prob. 18DQCh. 11 - Prob. 19DQCh. 11 - Prob. 1ECh. 11 - Prob. 2ECh. 11 - At the end of the weekly payroll period on June...Ch. 11 - Prob. 4ECh. 11 - Prob. 5ECh. 11 - Prob. 6ECh. 11 - Prob. 7ECh. 11 - Prob. 8ECh. 11 - Prob. 1PACh. 11 - Prob. 2PACh. 11 - Prob. 3PACh. 11 - Prob. 4PACh. 11 - Prob. 5PACh. 11 - Prob. 6PACh. 11 - Prob. 1PBCh. 11 - A payroll summary for Todays Teen owned by Nikki...Ch. 11 - Prob. 3PBCh. 11 - Prob. 4PBCh. 11 - Prob. 5PBCh. 11 - Prob. 6PBCh. 11 - Prob. 1CTPCh. 11 - The Valley Voice is a local newspaper that is...Ch. 11 - Prob. 1MFCh. 11 - Prob. 2MFCh. 11 - Why should management be concerned about the...Ch. 11 - Prob. 4MFCh. 11 - Prob. 1EDCh. 11 - Prob. 1FSA
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- The following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid semimonthly. Some employees have union dues or garnishments deducted from their pay. You do not need to complete the number of hours. Required: Calculate their net pay using the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C to determine federal income tax. Assume box 2 is not checked for any employee. Include Colorado income tax of 4.55 percent of taxable pay. No employee has exceeded the maximum FICA limit. Note: Round your intermediate calculations and final answers to 2 decimal places. Employee S. Bergstrom C. Pare L. Van der Hooven S. Lightfoot Filing Status, Dependents MJ-0 MJ-2 (<17) S-1 (Other) MJ-0 Pay 1,820 $ $ 3,740 $ $ 3,465 3,090 LA A Union Dues per Period $ $ 120 240 Garnishment per Period $ $ $ 50 75 100 Net Payarrow_forwardThe following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid semimonthly. Some employees have union dues or garnishments deducted from their pay. You do not need to complete the number of hours. Required: Calculate their net pay using the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C to determine federal income tax. Assume box 2 is not checked for any employee. Include Colorado income tax of 4.55 percent of taxable pay. No employee has exceeded the maximum FICA limit. Note: Round your intermediate calculations and final answers to 2 decimal places. Employee S. Bergstrom C. Pare L. Van der Hooven S. Lightfoot Filing Status, Dependents MJ-0 MJ-2 (<17) S-1 (Other) MJ-0 Answer is complete but not entirely correct. Union Dues per Period Garnishment per Period S Pay $ 1,810 $ 3,720 $ 3,445 $ 3,070 $ S 120 240 $ $ 50 75 100 $ $ S $ Net Pay 1,489.02 2,906.45 x 2,575.44X 2.425.43arrow_forwardThe following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid semimonthly. Some employees have union dues or garnishments deducted from their pay. Required: Calculate their net pay using the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C to determine federal income tax. Assume box 2 is not checked for any employee. Include Colorado income tax of 4.55 percent of taxable pay. No employee has exceeded the maximum FICA limit. (Round your intermediate calculations and final answers to 2 decimal places.) > Answer is complete but not entirely correct. Employee S. Bergstrom C. Pare Filing Status, Dependents MJ-0 MJ-2 (<17) Pay $ 1,860 Union Dues per Period Garnishment per Period Net Pay $ 50 $ 1,910.00 $ 3,820 $ 120 $ 3,700.00 X L. Van der S-1 (Other) $ 3,545 $ 240 $ 75 $ 3,230.00 Hooven S.Lightfoot MJ-0 $ 3,170 100 3,070.00arrow_forward
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