Assume that the payroll records of Ayayai Oil Company provided the following information for the...
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Accounting
Assume that the payroll records of Ayayai Oil Company provided the following information for the weekly payroll ended November 30, 2020. This is all the information I was given
Employee
Hours Worked
Hourly Pay Rate
Federal Income Tax
Union Dues
Year-to-DateEarnings Through Previous Week
T. King
44
$45
$442
$9
$133,900
T. Binion
46
10
97
5
23,200
N.Cole
40
15
148
5,700
C. Hennesey
42
20
230
7
49,500
Additional information: All employees are paid overtime at time and a half for hours worked in excess of 40 per week. The FICA tax rate is 7.65% for the first $132,900 of each employee's annual earnings and 1.45% on any earnings over $132,900. The employer pays unemployment taxes of 6.0% (5.4% for state and .6% for federal) on the first $7,000 of each employee's annual earnings.
(a)
Prepare the payroll register for the pay period. (Round answers to 2 decimal places, e.g. 15.25.)
AYAYAI OIL COMPANY Payroll Register For the Week Ending November 30, 2020
Earnings
Deductions
Employee
Total Hours
Regular
Overtime
Gross Pay
FICA
Federal Income Taxes
Union
Net Pay
T.King
44
$enter a dollar amount
$enter a dollar amount
$enter a dollar amount
$enter a dollar amount
$enter a dollar amount
$enter a dollar amount
$enter a dollar amount
T.Binion
46
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
N.Cole
40
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
C.Hennesey
42
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
enter a dollar amount
$enter a total amount
$enter a total amount
$enter a total amount
$enter a total amount
$enter a total amount
$enter a total amount
$enter a total amount
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