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. Employee Annual Salary OASDI TaxableWages OASDI Tax HITaxableWages HI Tax Utley, Genna $37,040       fill in the blank 1 of 46$   fill in the blank 2 of 46$   fill in the blank 3 of 46$   fill in the blank 4 of 46$   Werth, Norm 48,900       fill in the blank 5 of 46   fill in the blank 6 of 46   fill in the blank 7 of 46   fill in the blank 8 of 46   Bass, John 40,000       fill in the blank 9 of 46   fill in the blank 10 of 46   fill in the blank 11 of 46   fill in the blank 12 of 46   Ruiz, Sam 168,000       fill in the blank 13 of 46   fill in the blank 14 of 46   fill in the blank 15 of 46   fill in the blank 16 of 46   Compton, Sue 36,900       fill in the blank 17 of 46   fill in the blank 18 of 46   fill in the blank 19 of 46   fill in the blank 20 of 46   Williams, Mary 48,500       fill in the blank 21 of 46   fill in the blank 22 of 46   fill in the blank 23 of 46   fill in the blank 24 of 46   Patel, Raymond 106,080       fill in the blank 25 of 46   fill in the blank 26 of 46   fill in the blank 27 of 46   fill in the blank 28 of 46   Carson, Abe 56,900       fill in the blank 29 of 46   fill in the blank 30 of 46   fill in the blank 31 of 46   fill in the blank 32 of 46   Livinsky, Sarah 37,850       fill in the blank 33 of 46   fill in the blank 34 of 46   fill in the blank 35 of 46   fill in the blank 36 of 46   Harper, Mark 51,200       fill in the blank 37 of 46   fill in the blank 38 of 46   fill in the blank 39 of 46   fill in the blank 40 of 46   Totals     fill in the blank 41 of 46$   fill in the blank 42 of 46$   fill in the blank 43 of 46$   fill in the blank 44 of 46$     Line Item Description Amount Employer's OASDI Tax fill in the blank 45 of 46$ Employer's HI Tax

PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN:9781337619783
Author:BIEG
Publisher:BIEG
Chapter3: Social Security Taxes
Section: Chapter Questions
Problem 9PB
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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.

Employee Annual Salary OASDI Taxable
Wages
OASDI Tax HI
Taxable
Wages
HI Tax
Utley, Genna $37,040       fill in the blank 1 of 46$   fill in the blank 2 of 46$   fill in the blank 3 of 46$   fill in the blank 4 of 46$  
Werth, Norm 48,900       fill in the blank 5 of 46   fill in the blank 6 of 46   fill in the blank 7 of 46   fill in the blank 8 of 46  
Bass, John 40,000       fill in the blank 9 of 46   fill in the blank 10 of 46   fill in the blank 11 of 46   fill in the blank 12 of 46  
Ruiz, Sam 168,000       fill in the blank 13 of 46   fill in the blank 14 of 46   fill in the blank 15 of 46   fill in the blank 16 of 46  
Compton, Sue 36,900       fill in the blank 17 of 46   fill in the blank 18 of 46   fill in the blank 19 of 46   fill in the blank 20 of 46  
Williams, Mary 48,500       fill in the blank 21 of 46   fill in the blank 22 of 46   fill in the blank 23 of 46   fill in the blank 24 of 46  
Patel, Raymond 106,080       fill in the blank 25 of 46   fill in the blank 26 of 46   fill in the blank 27 of 46   fill in the blank 28 of 46  
Carson, Abe 56,900       fill in the blank 29 of 46   fill in the blank 30 of 46   fill in the blank 31 of 46   fill in the blank 32 of 46  
Livinsky, Sarah 37,850       fill in the blank 33 of 46   fill in the blank 34 of 46   fill in the blank 35 of 46   fill in the blank 36 of 46  
Harper, Mark 51,200       fill in the blank 37 of 46   fill in the blank 38 of 46   fill in the blank 39 of 46   fill in the blank 40 of 46  
Totals     fill in the blank 41 of 46$   fill in the blank 42 of 46$   fill in the blank 43 of 46$   fill in the blank 44 of 46$  

 

Line Item Description Amount
Employer's OASDI Tax fill in the blank 45 of 46$
Employer's HI Tax
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