Dizzy dan pays time and one-half for overtime which is


Question - Dizzy Dan discounters has three employees. Payroll data for the week ended January 15, 20x4 are as follows:

Employee Hours Worked Hourly Rate Misc. Deductions

Sue Smith 46 $16.00 $27.00

Julie Jones 40 13.00 20.00

Wally Williams 35 14.00 21.00

Additional Information: Dizzy Dan pays time and one-half for overtime, which is calculated on all hours worked in excess of 40. Federal income taxes are withheld at a flat rate of 20% of gross wages. The social security tax is 6.2% and the Medicare rate is 1.45%. There are no state or local tax withholdings.

Required: Complete the payroll register.

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Dizzy dan pays time and one-half for overtime which is
Reference No:- TGS02662382

Now Priced at $25 (50% Discount)

Recommended (90%)

Rated (4.3/5)