Business, 22.02.2021 19:40 elijah1090

At Vision Club Company, office workers are employed for a 40-hour workweek on either an annual or a monthly salary basis. Given on the form below are the current annual and monthly salary rates for five office workers for the week ended December 9, 2016 (50th payday of the year). In addition, with this pay, these employees are paid their sliding-scale annual bonuses. The bonuses are listed on the register. For each worker, compute:
1. Regular earnings for the weekly payroll ended December 9, 2016.
2. Overtime earnings (if applicable).
3. Total regular, overtime earnings, and bonus.
4. FICA taxable wages for this pay period.
5. FICA taxes to be withheld for this pay period.
Vision Club Company
Employee Salary Hours Annual Regular Overtime Total
worked bonus Earnings earnings Earning
Marx's A 97240/year 40 30000
Boxer C 91000/year 40 25000
Lundy R 6240/month 40 20000
Ruth B. 4680/month 40 15000
Gehrig L. 4900/month 40 8000
Total
Vision Club Company
Cumulative earning FICA taxable wages FICA taxes to withheld Employee
of last pay period This year
OASDI HI OASDI HI
91630.00 Marx's A
85750.00 Boxers C
70560.00 Lundy R
52920.00 Ruth B
34890 Gehrig L
Employers FICA taxesfor week ended December 13,2013:.

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