Deck 10: Payroll Records

Question 1

Social Security and Medicare
​
The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings.
​
​Refer to the Social Security and Medicare information. Enrique Marsh earns a monthly salary of $4,200. Compute the amount deducted over the period of a year for Social Security and Medicare.

Answer 1

$3,855.60

Question 2

Social Security and Medicare
​
The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings.
​
Refer to the Social Security and Medicare information. Allen Hall earns a monthly salary of $3,900. Compute the amount deducted each month for Social Security and Medicare.​

Answer 2

$298.35

Question 3

The Burton Company pays the regular hourly rate for the first 40 hours worked and time and a half thereafter. Adolph Mercer worked 51 hours this week. His regular hourly rate is $16.12. Compute Mercer's total earnings.​

Answer 3

$910.78

Question 4

Social Security and Medicare
​
The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings.
​
Refer to the Social Security and Medicare information. Jamie Kellogg earns a monthly salary of $8,500. Compute the amount deducted for Social Security and Medicare from Kellogg's January paycheck.​

Question 5

Social Security and Medicare
​
The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings.
​
Refer to the Social Security and Medicare information. Sonia Evans earns a monthly salary of $2,800. Compute the amount deducted each month for Social Security and Medicare.​

Question 6

Seaside Patio Furniture pays regular hourly rates for the first 40 hours worked and time and a half thereafter. The weekly payroll record shown below gives the total hours worked and hourly rates for the three employees. Fill in the remaining information including totals.
​

Question 7

​The Zapata Motor Works pays the regular hourly rate for the first 40 hours worked and time and a half thereafter. John Simpson worked 54 hours this week. His regular hourly rate is $8.50. Compute Simpson's total earnings.

Question 8

Social Security and Medicare
​
The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings.
​
Refer to the Social Security and Medicare information. Beverly McCoy earns a monthly salary of $4,950. Compute the amount deducted for Social Security and Medicare from McCoy's December paycheck.​

Question 9

Social Security and Medicare
​
The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings.
​

-Refer to the Social Security and Medicare information. Jamie Albertson earns a monthly salary of $8,500. Compute the amount deducted for Social Security and Medicare from Albertson's December paycheck.​

Question 10

Social Security and Medicare
​
The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings.
​

-Refer to the Social Security and Medicare information. Compute the deduction for Social Security and Medicare during the period of a year assuming a person earns $112,000.​

Question 11

​Cal Transit Company pays the regular hourly rate for the first 40 hours worked, time and a half for hours 41 through 48, and double time for all hours in excess of 48. Gayle Jordon worked 50 hours this week. Her regular hourly rate is $10.50. Compute Jordan's total earnings.

Question 12

Social Security and Medicare
​
The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings.
​
Refer to the Social Security and Medicare information. Employers are required to match the employee's deductions and send the total to the IRS. Compute the maximum percent that can be sent to the IRS for any one employee during the period of a year.​

Question 13

Social Security and Medicare
​
The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings.
​

-Refer to the Social Security and Medicare information. Dale Webb earns a monthly salary of $9,000. Compute the amount deducted for Social Security and Medicare from Webb's November paycheck.​

Question 14

Greenland Company pays the regular hourly rate for the first 40 hours worked and time and a half thereafter. Alan Peterson worked 46 hours this week. His regular hourly rate is $12.00. Compute Peterson's total earnings.​

Question 15

Houston, Inc., pays the regular hourly rate for the first 40 hours worked, time and a half for hours 41 through 48, and double time for all hours in excess of 48. Jason Wells worked 49 hours this week. His regular hourly rate is $9.20. Compute Well's total earnings.​

Question 16

Decor Paints pays regular hourly rates for the first 40 hours worked and time and a half thereafter. The weekly payroll record shown below gives the total hours worked and hourly rates for the three employees. Fill in the remaining information including totals.​
​

Question 17

Mossdale Manufacturing Company pays the regular hourly rate for the first 40 hours worked and time and a half thereafter. Sandra Beal worked 46 hours this week. Her regular hourly rate is $15.60. Compute Beal's total earnings.​

Question 18

​The Mickey D. Company pays the regular hourly rate for the first 36 hours worked and time and a half thereafter. Jennifer Franks worked 40 hours this week. Her regular hourly rate is $11.80. Compute Franks' total earnings.

Question 19

Social Security and Medicare
​
The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings.
​
Refer to the Social Security and Medicare information. Employers are required to match the employee's deductions and send the total to the IRS. Compute the amount of money that would be sent to the IRS for an employee who earns $52,700 during the period of a year.​

Question 20

Daniel, Inc., pays the regular hourly rate for the first 40 hours worked, time and a half for hours 41 through 48, and double time for all hours in excess of 48. Sarah John worked 52 hours this week. Her regular hourly rate is $10.30. Compute John's total earnings.​

Question 21

A weekly payroll register shows that Louise Price had total wages of $460. She had deductions of $35.19 for FICA tax, $54 for federal income tax, and $16 for medical insurance. Compute Price's net pay.​

Question 22

Withholding Allowance
​
A withholding allowance for the employee and each dependent is exempt from gross earnings and not subject to federal income tax. The monthly deduction for this allowance is $283.33.
Refer to the Withholding Allowance information. James Webb, who has a monthly salary of $2,450, claims himself and three dependents. Compute Webb's taxable income per month.​

Question 23

Withholding Allowance
​
A withholding allowance for the employee and each dependent is exempt from gross earnings and not subject to federal income tax. The monthly deduction for this allowance is $283.33.
Refer to the Withholding Allowance information. Mary Farnsworth, who has a monthly salary of $2,600, claims herself and one dependent. Compute Farnsworth's taxable income per month.​

Question 24

Withholding Allowance
​
A withholding allowance for the employee and each dependent is exempt from gross earnings and not subject to federal income tax. The monthly deduction for this allowance is $283.33.
Refer to the Withholding Allowance information. Roy Foxworthy claims himself and three dependents. His monthly salary is $3,150. Compute Foxworthy's taxable income per month.​

Question 25

Social Security and Medicare
​
The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings.
​

-Refer to the Social Security and Medicare information. Michele Baker's cumulative wages for the year not including the current pay period total $98,500. Calculate the amount of Social Security and Medicare to be withheld from Baker's current gross pay of $3,500.​

Question 26

Withholding Allowance
​
A withholding allowance for the employee and each dependent is exempt from gross earnings and not subject to federal income tax. The monthly deduction for this allowance is $283.33.
Refer to the Withholding Allowance information. Jackson White claims himself and five dependents. Compute the total amount of White's allowance.​

Question 27

Withholding Allowance
​
A withholding allowance for the employee and each dependent is exempt from gross earnings and not subject to federal income tax. The monthly deduction for this allowance is $283.33.
Refer to the Withholding Allowance information. Darla Olson claims herself and two dependents. Compute the total amount of Olson's allowance.​

Question 28

A weekly payroll register shows that Steve Blake had total wages of $490. He had deductions of $37.49 for FICA tax, $52.50 for federal income tax, and $20 for medical insurance. Compute Blake's net pay.​

Question 29

A weekly payroll register shows that Phillip Kelly had total wages of $451.25. He had deductions of $34.52 for FICA tax, $57.20 for federal income tax, and $36 for medical insurance. Compute Kelly's net pay.​

Question 30

Withholding Allowance
​
A withholding allowance for the employee and each dependent is exempt from gross earnings and not subject to federal income tax. The monthly deduction for this allowance is $283.33.
Refer to the Withholding Allowance information. Sadie Kun, has a monthly salary of $2,740, and claims only herself. Compute Kun's taxable income per month.​

Question 31

Withholding Allowance
​
A withholding allowance for the employee and each dependent is exempt from gross earnings and not subject to federal income tax. The monthly deduction for this allowance is $283.33.
Refer to the Withholding Allowance information. Mike White claims himself and three dependents. His monthly salary is $2,900. Compute White's taxable income per month.​

Question 32

A weekly payroll register shows that Virginia Peters had total wages of $520. She had deductions of $39.78 for FICA tax, $64.50 for federal income tax, and $17 for medical insurance. Compute Peters' net pay.​

Question 33

Withholding Allowance
​
A withholding allowance for the employee and each dependent is exempt from gross earnings and not subject to federal income tax. The monthly deduction for this allowance is $283.33.
​Refer to the Withholding Allowance information. Jake Rogers claims himself and three dependents. Compute the total amount of Rogers' allowance.

Question 34

Withholding Allowance
​
A withholding allowance for the employee and each dependent is exempt from gross earnings and not subject to federal income tax. The monthly deduction for this allowance is $283.33.
Refer to the Withholding Allowance information. Chris Kent claims himself and one dependent. Compute the total amount of Kent's allowance.​

Question 35

Withholding Allowance
​
A withholding allowance for the employee and each dependent is exempt from gross earnings and not subject to federal income tax. The monthly deduction for this allowance is $283.33.
Refer to the Withholding Allowance information. Clara Webb claims herself and four dependents. Compute the total amount of Webb's allowance.​

Question 36

Withholding Allowance
​
A withholding allowance for the employee and each dependent is exempt from gross earnings and not subject to federal income tax. The monthly deduction for this allowance is $283.33.
Refer to the Withholding Allowance information. Susan Smith claims herself and two dependents. Her monthly salary is $2,800. Compute Smith's taxable income per month.​

Question 37

Withholding Allowance
​
A withholding allowance for the employee and each dependent is exempt from gross earnings and not subject to federal income tax. The monthly deduction for this allowance is $283.33.
Refer to the Withholding Allowance information. Laura Wilder claims as a dependent herself only. Compute the total amount of Wilder's allowance.​

Question 38

Social Security and Medicare
​
The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings.
​
Refer to the Social Security and Medicare information. The employer must match the employee's deduction and send the total to the IRS. An employer has 15 employees, each earning $27,000 per year; 5 employees, each earning $32,000 a year; and 2 employees, each earning $45,000 a year. Compute the amount the employer pays in matching Social Security and Medicare funds during the year.​

Question 39

Social Security and Medicare
​
The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings.
​

-Refer to the Social Security and Medicare information. Eric Garcia's cumulative wages for the year not including the current pay period total $95,100. Calculate the amount of Social Security and Medicare to be withheld from Garcia's current gross pay of $3,980.​

Question 40

Withholding Allowance
​
A withholding allowance for the employee and each dependent is exempt from gross earnings and not subject to federal income tax. The monthly deduction for this allowance is $283.33.
Refer to the Withholding Allowance information. Jennifer Souza is a student who works part time. Since she is claimed on her parents' return as a dependent, she claims zero exemptions. How much of Souza's monthly wages of $750 is taxable?​

Question 41

Tabitha Thomas had gross earnings of $720 last week. She is single and claims an allowance for herself only. The amount of one weekly withholding allowance is $65.38. Using the Table for Single Taxpayers above, figure the amount that will be withheld from her paycheck for federal income tax. (Figure withholding to the nearest cent.)​

Question 42

A monthly payroll register shows that Sean Dougan had total wages of $3,580. He had deductions of $273.87 for FICA tax, $335.50 for federal income tax, and $25 for medical insurance. Compute Dougan's net pay for the month.​

Question 43

​
Dennis Mason had gross earnings of $875 last week. He is married and claims allowances for himself, his wife, and two dependent children. The weekly withholding allowance for each dependent is $65.38. Using the Table for Married Taxpayers above, figure the amount that will be withheld from his paycheck for federal income tax. (Figure withholding to the nearest cent.)​

Question 44

Elizabeth Seabert had gross earnings of $795 last week. She is single and claims an allowance for herself only. The amount of one weekly withholding allowance is $65.38. Using the Table for Single Taxpayers above, figure the amount that will be withheld from her paycheck for federal income tax. (Figure withholding to the nearest cent.)​

Question 45

Zachery Miller had gross earnings of $520 last week. He is married and claims two allowances on his W-4. The amount of each weekly withholding allowance is $65.38. Using the Table for Married Taxpayers above, figure the amount that will be withheld from his paycheck for federal income tax. (Figure withholding to the nearest cent.)​

Question 46

Clark Smith's earning record shows thirteen weeks of consistent earnings and deductions for the first quarter as follows: Weekly wage $454, Federal Income tax withholding $55.50, Social Security withholding $30.5, Medicare withholding $8.10, Group dental plan deductions $8.50. Compute the totals that would appear on his employee's earnings record for the quarter.​

Question 47

A weekly payroll register shows that Carla Mitchell had total wages of $402. She had deductions of $30.75 for FICA tax, $46.40 for federal income tax, and $18 for medical insurance. Compute Mitchell's net pay.​

Question 48

A weekly payroll register shows that David Wu had total wages of $397.37. He had deductions of $30.40 for FICA tax, $41.25 for federal income tax, and $17.20 for medical insurance. Compute Wu's net pay.​

Question 49

Jason Kendel had gross earnings of $250 last week. He is single and claims only himself as an exemption. The weekly withholding allowance for each exemption is $65.38. Using the Table for Single Taxpayers above, figure the amount that will be withheld from his paycheck for federal income tax. (Figure withholding to the nearest cent.)​

Question 50

Jay Murray's earnings record shows thirteen weeks of consistent earnings and deductions for the first quarter as follows: Weekly wage $480, Federal Income Tax withholding $57, Social Security withholding $29.76, Medicare withholding $6.96, Group medical insurance deductions $12. Compute the totals that would appear on his employee's earnings record for the quarter.​

Question 51

A weekly payroll register shows that Vickie Sanders had total wages of $550. She had deductions of $42.08 for FICA tax, $55 for federal income tax, and $22.50 for medical insurance. Compute Sander's net pay.​

Question 52

Dale Bowman had gross earnings of $820 last week. He is married and claims himself, his wife, and three children as dependents. The weekly withholding allowance for each dependent is $65.38. Using the Table for Married Taxpayers above, figure the amount that will be withheld from his paycheck for federal income tax. (Figure withholding to the nearest cent.)​

Question 53

A monthly payroll register shows that Andrew Li had total wages of $2,845. He had deductions of $217.64 for FICA tax, $198 for federal income tax, and $40 for medical insurance. Compute Li's net pay for the month.​

Question 54

Douglas Johnson had gross earnings of $2,350 last week. He is married and claims himself and his wife as dependents. The weekly withholding allowance for each dependent is $65.38. Using the Table for Married Taxpayers above, figure the amount that will be withheld from his paycheck for federal income tax. (Figure withholding to the nearest cent.)​

Question 55

A weekly payroll register shows that Will Morris had total wages of $390. He had deductions of $29.84 for FICA tax, $41.20 for federal income tax, and $17.50 for medical insurance. Compute Morris' net pay.​

Question 56

For the first quarter of 2008, Denton Toys paid total wages of $175,000.38. The company withheld $26,500 for federal income tax. All wages paid were subject to Social Security and Medicare taxes. If during the quarter Denton Toys had deposited $50,000 toward its taxes due, how much would be required to send in with its first-quarter Form 941?​

Question 57

Rose White's earning record shows thirteen weeks of consistent earnings and deductions for the first quarter as follows: Weekly wage $545, Federal Income tax withholding $66.31, Social Security withholding $33.79, Medicare withholding $7.90, Group dental plan deductions $7.50. Compute the totals that would appear on her employee's earnings record for the quarter.​

Question 58

John Davis had gross earnings of $500 last week. He is single and claims an allowance for himself only. The amount of one weekly withholding allowance is $65.38. Using the Table for Single Taxpayers above, figure the amount that will be withheld from his paycheck for federal income tax. (Figure withholding to the nearest cent.)​

Question 59

​
Herb Becker had gross earnings of $465 last week. He is single and claims a withholding allowance for himself only. The amount of each weekly withholding allowance is $65.38. Using the Table for Single Taxpayers above, compute the amount that will be withheld from his paycheck for federal income tax. (Figure withholding to the nearest cent.)​

Question 60

Susan Thomas had gross earnings of $2,800 last week. She is married and claims two allowances on her W-4. The amount of each weekly withholding allowance is $65.38. Using the Table for Married Taxpayers above, figure the amount that will be withheld from her paycheck for federal income tax. (Figure withholding to the nearest cent.)​

Question 61

During the first quarter, Robert's Medical supply paid wages of $360,000. Of this amount, $60,000 was paid to employees who had been paid $7,000 earlier in the quarter. What was the employer's liability for FUTA and SUTA taxes, assuming that the state rate was 5.4%?​

Question 62

For the first quarter of 2008, GKS Pharmaceutical Company paid total wages of $445,000. The company withheld $40,140 for federal income tax. All wages paid were subject to Social Security and Medicare taxes. If during the quarter GKS Pharmaceutical Company had deposited $85,000 toward its taxes due, how much would be required to send in with its first-quarter Form 941?​

Question 63

During the first quarter, Jason Beverage Distributors paid wages of $978,800. Of this amount, $146,000 was paid to employees who had been paid $7,000 earlier in the quarter. What was the employer's liability for FUTA and SUTA taxes, assuming that the state rate was 5.7%? (Round down to the nearest $1.)​

Question 64

For the first quarter of 2008, DC Construction Company paid total wages of $320,900. The company withheld $51,250 for federal income tax. All wages paid were subject to Social Security and Medicare taxes. If during the quarter DC Construction Company had deposited $95,000 toward its taxes due, how much would be required to send in with its first-quarter Form 941?​

Question 65

Kelly Interiors employed Jason Baker for 13 weeks during the first quarter of the year. His salary was $680 per week. Compute the FUTA and SUTA taxes Kelly Interiors must pay on Baker's wages for the quarter, assuming that the state rate was 5.8%?​

Question 66

Smith Gym employed Garcia Young for 20 weeks during the first quarter of the year. Her salary was $500 per week. Compute the FUTA and SUTA taxes Smith Gym must pay on Young's wages for the quarter, assuming that the state rate was 5.6%?​