City Place Movie Theaters has four employees and pays

them
City Place Movie Theaters has four employees and pays them on an hourly basis. During the
week beginning June 24 and ending June 30, 2019, these employees worked the hours shown
below. Information about hourly rates, marital status, withholding allowances, and cumulative
earnings prior to the current pay period also appears below.INSTRUCTIONS1. Enter the basic
payroll information for each employee in a payroll register. Record the employee's name,
number of withholding allowances, marital status, total and overtime hours, and regular hourly
rate. Consider any hours worked beyond 40 in the week as overtime hours.2. Compute the
regular, overtime, and gross earnings for each employee. Enter the figures in the payroll
register.3. Compute the amount of social security tax to be withheld from each employee's
earnings. Assume a 6.2 percent social security rate on the first $122,700 earned by the
employee during the year. Enter the figures in the payroll register.4. Compute the amount of
Medicare tax to be withheld from each employee's earnings. Assume a 1.45 percent Medicare
tax rate on all salaries and wages earned by the employee during the year. Enter the figures in
the payroll register.5. Determine the amount of federal income tax to be withheld from each
employee's total earnings.Use the tax tables in Figure 10.2. Enter the figures in the payroll
register.6. Compute the net pay of each employee and enter the figures in the payroll register.7.
Total and prove the payroll register.8. Prepare a general journal entry to record the payroll for
the week ended June 30, 2019. Use 15 as the page number for the general journal.9. Record
the general journal entry to summarize payment of the payroll on July 3, 2019.Analyze:What are
Andy Anderson's cumulative earnings on June 30, 2019?View Solution: City Place Movie
Theaters has four employees and pays them
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