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the following data for flexco inc relate to the payroll for the week ended december 546205

PR 10-4B Payroll register

The following data for Flexco Inc. relate to the payroll for the week ended December 7, 2014:

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Hours

Hourly

Weekly

Federal

U.S. Savings

Employee

Worked

Rate

Salary

Income Tax

Bonds

Carlton

52

$50.00

$667.00

$ 60

Grove

$4,000

860.00

100

Johnson

36

52.00

355.68

0

Koufax

45

58.00

578.55

44

Maddux

37

45.00

349.65

62

Seaver

3,200

768.00

120

Spahn

46

52.00

382.20

0

Winn

48

50.00

572.00

75

Young

43

54.00

480.60

80

Employees Grove and Seaver are office staff, and all of the other employees are sales personnel. All sales personnel are paid 1½ times the regular rate for all hours in excess of 40 hours per week. The social security tax rate is 6.0% of each employee’s annual earnings, and Medicare tax is 1.5% of each employee’s annual earnings. The next payroll check to be used is No. 328.

Instructions

1. Prepare a payroll register for Flexco Inc. for the week ended December 7, 2014. Use the following columns for the payroll register: Employee, Total Hours, Regular Earnings, Overtime Earnings, Total Earnings, Social Security Tax, Medicare Tax, Federal Income Tax, U.S. Savings Bonds, Total Deductions, Net Pay, Ck. No., Sales Salaries Expense, and Office Salaries Expense.

  1. Journalize the entry to record the payroll for the week.
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