chap2_ho1_payroll_solutions

chap2_ho1_payroll_solutions - Summary Overtime rate 1.5...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Transylvania College Radiology Department Payroll Name Hourly Wageegular Houvertime HouGross Payithholding TaSoc Sec Tax Net Pay Dwyer 8 40 8 416 116.48 31.82 267.7 Smith 7.2 40 8 374.4 104.83 28.64 240.93 Brown 8 40 10 440 123.2 33.66 283.14 Look 9 35 0 315 88.2 24.1 202.7 Thomas 9.2 40 0 368 103.04 28.15 236.81 Gonzolaz 10 40 4 460 128.8 35.19 296.01 Synder 14 40 8 728 203.84 55.69 468.47 Franklin 6.35 20 0 127 35.56 9.72 81.72 Kennedy 7.2 38 0 273.6 76.61 20.93 176.06 Willson 10 40 5 475 133 36.34 305.66 Johnson 6.35 15 0 95.25 26.67 7.29 61.29 Schmitz 7.2 10 0 72 20.16 5.51 46.33 Totals Assumptions
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Summary Overtime rate 1.5 Average Gross Pay Withholding tax 0.28 Highest Gross Pay Social Security/Mediare tax 0.08 Lowest Gross Pay Prepared by: Stephanie Stoetzel Notes: 1. Withholding tax is calculated on the taxable pay 2. Social Security tax is calculated on the employee's gross pay A B C D E F G H I 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28...
View Full Document

This note was uploaded on 10/19/2010 for the course IS 102 taught by Professor Lynce during the Spring '10 term at Mohawk Valley Community College.

Ask a homework question - tutors are online