The Wagner Company's Schedule of Earnings and Payroll Taxes for May is summarized as follows: (a) Prepare the journal entry to distribute payroll under each of the following scenarios:
(1) Overtime resulted from priority scheduling of Job 3bX for which the company received a rush order.
(2) Overtime resulted from random scheduling of jobs.
(b) Prepare the journal entry to record and distribute the employer's payroll taxes.

Question

The Wagner Company's Schedule of Earnings and Payroll Taxes for May is summarized as follows:  (a) Prepare the journal entry to distribute payroll under each of the following scenarios:
(1) Overtime resulted from priority scheduling of Job 3bX for which the company received a rush order.
(2) Overtime resulted from random scheduling of jobs.
(b) Prepare the journal entry to record and distribute the employer's payroll taxes.

Quizplus · Accepted Answer

The Answer of The Wagner Company's Schedule of Earnings and Payroll Taxes for May is summarized as follows:  (a) Prepare the journal entry to distribute payroll under each of the following scenarios:
(1) Overtime resulted from priority scheduling of Job 3bX for which the company received a rush order.
(2) Overtime resulted from random scheduling of jobs.
(b) Prepare the journal entry to record and distribute the employer's payroll taxes.