The following employees of Concordian Construction of Walla Walla, Washington, are paid biweekly. Some employees have union dues or garnishments deducted from their pay. Required: Calculate their net pay. Use the percentage method for manual payrolls with Forms W-4 from 2020 or later in Appendix C to determine federal income tax. No employee has exceeded the maximum FICA limits. You do not need to complete the number of hours. No one checked the box in Step 2 and there is no additional information in Step 4. (Round your intermediate calculations and final answers to 2 decimal places.) Employee J. Johnson V. Roberson T. Major M. Reice Filling Status Married/Joint Single Married/Joint Head of Household Dependents 1<17 None None 1<17 Annual pay $ $ $ $ Union Dues per Period $ 45,000 33,800 65,650 $ 76,600 102 Garnishment per Period $ 110 $ $ 70 90 45 Net Pay

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter9: Current Liabilities And Contingent Obligations
Section: Chapter Questions
Problem 7RE: Wallace Corporation summarizes the following information from its weekly payroll records during...
icon
Related questions
Question

1

The following employees of Concordian Construction of Walla Walla, Washington, are paid biweekly. Some employees have union
dues or garnishments deducted from their pay.
Required:
Calculate their net pay. Use the percentage method for manual payrolls with Forms W-4 from 2020 or later in Appendix C to determine
federal income tax. No employee has exceeded the maximum FICA limits. You do not need to complete the number of hours. No one
checked the box in Step 2 and there is no additional information in Step 4. (Round your intermediate calculations and final answers
to 2 decimal places.)
Employee
J. Johnson
V. Roberson
T. Major
M. Reice
Filling Status
Married/Joint
Single
Married/Joint
Head of Household
Dependents
1<17
None
None
1<17
Union Dues
per Period
$
102
Annual pay
$ 45,000
$ 33,800
$ 65,650 $
$
76,600
Garnishment
per Period
$
110 $
$
70
90
45
Net Pay
Transcribed Image Text:The following employees of Concordian Construction of Walla Walla, Washington, are paid biweekly. Some employees have union dues or garnishments deducted from their pay. Required: Calculate their net pay. Use the percentage method for manual payrolls with Forms W-4 from 2020 or later in Appendix C to determine federal income tax. No employee has exceeded the maximum FICA limits. You do not need to complete the number of hours. No one checked the box in Step 2 and there is no additional information in Step 4. (Round your intermediate calculations and final answers to 2 decimal places.) Employee J. Johnson V. Roberson T. Major M. Reice Filling Status Married/Joint Single Married/Joint Head of Household Dependents 1<17 None None 1<17 Union Dues per Period $ 102 Annual pay $ 45,000 $ 33,800 $ 65,650 $ $ 76,600 Garnishment per Period $ 110 $ $ 70 90 45 Net Pay
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Federal Insurance Contributions Act (FICA)
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub
College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781305084087
Author:
Cathy J. Scott
Publisher:
Cengage Learning
PAYROLL ACCT., 2019 ED.(LL)-TEXT
PAYROLL ACCT., 2019 ED.(LL)-TEXT
Accounting
ISBN:
9781337619783
Author:
BIEG
Publisher:
CENGAGE L
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
College Accounting, Chapters 1-27 (New in Account…
College Accounting, Chapters 1-27 (New in Account…
Accounting
ISBN:
9781305666160
Author:
James A. Heintz, Robert W. Parry
Publisher:
Cengage Learning