Gonzalez Company has the following data for the weekly payroll ending January 31.
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| Hourly | Income Tax | Health | |||||||
| Employee | M | T | W | T | F | S | Rate | Withholding | Insurance |
| M. Mozart | 8 | 8 | 9 | 8 | 10 | 3 | $10 | $34 | $10 |
| E. Donnelly | 8 | 8 | 8 | 8 | 8 | 2 | 12 | 37 | 15 |
| K. Renn | 9 | 10 | 8 | 8 | 9 | 0 | 13 | 58 | 15 |
Employees are paid 11/2 times the regular hourly rate for all hours worked in excess of 40 hours per week. FICA taxes are 8% on the first $100,000 of gross earnings. Gonzalez Company is subject to 5.4% state unemployment taxes and 0.8% federal unemployment taxes on the first $7,000 of gross earnings.
Instructions
(a) Prepare the payroll register for the weekly payroll.
(b) Prepare the journal entries to record the payroll and Gonzalez’s payroll tax expense.
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