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pay for FICA taxes (social security and Medicare). Problem 12–9 Preparing the Payroll Register
SMART GUIDE Showbiz Video has six employees who are paid weekly. The hourly
employees are paid overtime for hours worked over 40 in a week, at a rate
1½ times their regular rate of pay. Employee information follows:
Susan Tilbert Employee Number
129 Marital Status
Married Step–by–Step Instructions:
Problem 12–9 Allowances
1 Mary Arcompora, the store manager,
is paid a salary of $300.00 per week
SOC. SEC. NO.
plus 1% of all rental sales. Barbara Fox
October 24, 20-WEEK ENDING
and John French, salespeople, are paid
a salary of $200.00 per week plus a 6%
8:05 12:03 1:00 5:05
commission on all rentals from the
8:00 12:05 1:10 5:00
“Oldies but Goodies” section. Chris
9:05 12:05 1:15 6:05
8:30 11:55 1:15 6:00
German and David Izbecki, office
8:00 12:00 1:00 6:15
workers, are paid an hourly wage of
$7.25. Susan Tilbert, a stock person, is
paid $6.40 per hour.
The payroll deductions include
federal income tax, social security tax of
6.2%, Medicare tax of 1.45%, and state
income tax of 1.8%. Chris German and
Susan Tilbert have $12.50 deducted each
week for hospital insurance.
During the week ending October 24, “Oldies but Goodies” rentals were
$484.90 for Barbara Fox and $641.70 for John French. Total rental revenue
for the week was $3,917.30. 1. Select the problem
set for Showbiz Video
2. Rename the company
and set the system date.
3. Record the payroll for
4. Print a Payroll Register
5. Proof your work.
6. Complete the Analyze
7. End the session. CONTINUE Chapter 12 Problems 308-337_CH12_868829.indd 333 333 9/15/05 11:46:42 AM P...
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