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Business, 08.02.2020 03:40 aprilreneeclaroxob0c

Kipley company is a small manufacturing firm located in pittsburgh, pennsylvania. the company has a workforce of both hourly and salaried employees. each employee is paid for hours actually worked during each week, with the time worked being recorded in quarter-hour increments. the standard workweek consists of 40 hours, with all employees being paid time and one-half for any hours worked beyond the 40 regular hours. wages are paid every friday, with one week’s pay being held back by the company. thus, the first payday for kipley company is january 14 for the workweek ending january 8 (saturday). the information below will be used in preparing the payroll for the pay period ending january 8. you will now determine the amount of income tax to withhold for each employee, proceeding as follows: time card no. marital status no. of allowances simple deductions 11 s 1 $20 12 s 0 50 13 m 2 40 21 m 4 50 22 s 2 20 31 m 3 40 32 m 6 50 33 s 1 60 51 m 5 30 99 m 7 80 record the payroll deductions for the simple plan that the employer has established for participating employees. all of the employees are participating, and their weekly contributions are provided. the tax deferral on these deductions applies only to the federal income tax. record the state income taxes on the gross weekly earnings for each employee. the rate is 3.07% for the state of pennsylvania. record the city income taxes on the gross weekly earnings of each employee. the rate is 3% for the city of pittsburgh residents. if required, round your answers to the nearest cent. click here to access the wage-bracket method tables. kipley company payroll register time card no. name martial status no of w/h earnings simple ded. fit sit cit 11 carson, f. s 1 $700.00 20 12 wilson, w. s 0 897.04 50 13 utley, h. m 2 678.75 40 21 fife, l. m 4 877.10 50 22 smith, l. s 2 790.00 20 31 fay, g. m 3 539.15 40 32 robey, g. m 6 623.08 50 33 schork, t. s 1 773.08 60 51 hardy, b. m 5 666.11 30 99 kipley, c. m 7 1,000.00 80

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Kipley company is a small manufacturing firm located in pittsburgh, pennsylvania. the company has a...
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