Problem 11-3A Name 3 Section: Score: 9 Answers are entered in the cels with gray
ID: 2594414 • Letter: P
Question
Problem 11-3A Name 3 Section: Score: 9 Answers are entered in the cels with gray backgrounds. 0 Cells with non-gray backgrounds are protected and cannot be edited. 11 An asterisk )will appear to the right of an incorrect entry 12 14 1. 15 Amounts to Be Reported on Wage and Tax Statements (Form W2) Gross Earnings Federal Income Tax Withheld Social Security Tax Withheld Medicare Tax Withheld Employee 20 Arnett Harvin Nicks Shiancoe Ward Totals 23 141 6 0 2. Employer Payroll Taxes a. Social security tax paid by employer b. Medicare tax paid by employer c. and d. SUTA/FUTA Earnings Employee Arnett Nicks Shiancoe Ward Total State u Federal unemployment compensation tax e. Total employer payroll taxesExplanation / Answer
Form W-2 Employee gross earnings federal income tax withheld social security tax withheld @ 6.0% medicare tax withheld @ 1.5% Garnett 52800 8472 3168 792 Kidd 21600 4326 1296 324 J O'Neal 30600 4554 1836 459 Bryant 6000 712 360 90 S O'Neal 147200 36144 8832 2208 Marbury 5000 856 300 75 Duncan 0 0 0 0 Totals 263200 55064 15792 3948 Employer Payroll Tax Social Security Tax paid 15792 Medicare tax paid 3948 SUTA/FUTA Employee Earnings Garnett 2851.2 Kidd 1166.4 J O'Neal 1652.4 Bryant 324 S O'Neal 7948.8 Marbury 270 Duncan 0 State Unemployment compensation tax 12107.2 Totals 14212.8 Federal unemployment compensation tax 2105.6 Total Employer Payroll Tax 89016.8