Empty Fields Company pays its salaried employees monthly on thelast day of each month. The annual salary payroll for 20-- follows.Compute the following for the payroll of December31; round your answers to the nearestcent.
Total tax withheld from the 100 employees' wages is: Tax on employer: Employee Empty Fields Company pays its salaried employees monthly on the last day of each month. The annual salary payroll for 20-- follows. Compute the following for the payroll of December 31; round your answers to the nearest cent. OASDI Taxable Wages Utley, Genna Werth, Norm Bass, John Ruiz, Sam Compton, Sue Williams, Mary Patel, Raymond Carson, Abe Livinsky, Sarah Harper, Mark Totals Annual Salary Employer's OASDI Tax Employer's HI Tax $24,000 51,600 24,000 144,300 19,200 19,200 105,600 56,400 33,600 49,200 $762.00 $761.61 OASDI Tax ($7.62 x 100) [1.45% x ($525.25 x 100)] HI Taxable Wages $ HI Tax
Empty Fields Company pays its salaried employees monthly on the last day of each month. The annual salary payroll for 20
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am