In 20-, the annual salaries paid to each of the officers of Perez, Inc., follow. The officers are paid semimonthly on the 15th and the last day of the month. Compu the FICA taxes to be withheld from each officer's pay on (a) November 15 and (b) December 31. If an amount is zero, enter "0". Enter all earnings and taxes to two decimal places. a. Name and Title Perez, Paul, President Donald, Donna, VP Finance Funke, Jack, VP Sales Weis, Al, VP Mfg. Lang, Hope, VP Personnel Lee, Amy, VP Secretary b. Name and Title Perez, Paul, President Donald, Donna, VP Finance Annual Salary 4 $186,000 162,000 76,800 92,400 78,000 52,800 Annual Salary $186,000 162,000 OASDI Taxable Earnings 17,300 X OASDI Taxable Earnings $ November 15 OASDI Tax OASDI Tax $ December 31 $ d $ HI Taxable Earnings HI Taxable Earnings $ $ HI Tax HI Tax

In 20-, the annual salaries paid to each of the officers of Perez, Inc., follow. The officers are paid semimonthly on the 15th and the last day of the month. Compu the FICA taxes to be withheld from each officer's pay on (a) November 15 and (b) December 31. If an amount is zero, enter "0". Enter all earnings and taxes to two decimal places. a. Name and Title Perez, Paul, President Donald, Donna, VP Finance Funke, Jack, VP Sales Weis, Al, VP Mfg. Lang, Hope, VP Personnel Lee, Amy, VP Secretary b. Name and Title Perez, Paul, President Donald, Donna, VP Finance Annual Salary 4 $186,000 162,000 76,800 92,400 78,000 52,800 Annual Salary $186,000 162,000 OASDI Taxable Earnings 17,300 X OASDI Taxable Earnings $ November 15 OASDI Tax OASDI Tax $ December 31 $ d $ HI Taxable Earnings HI Taxable Earnings $ $ HI Tax HI Tax

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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