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Sagot :
To solve this problem, we need to find the missing amounts in the payroll register. Let's go step-by-step to fill in the missing values.
### Step 1: Understanding the given data
1. Regular Earnings: \[tex]$9,400 2. Net Pay: \$[/tex]10,211
3. FICA Taxes: \[tex]$1,000 4. Federal Income Taxes: \$[/tex]1,178
5. Union Dues: \[tex]$160 6. FICA tax rate: 7.65% 7. State Income Tax rate: 4% ### Step 2: Identifying Missing Values (1) Overtime Earnings From the given data, the overtime earnings can be determined as the difference between total gross earnings and regular earnings. This value is calculated as: \( Overtime Earnings = Gross Earnings - Regular Earnings \) From the data: - Gross Earnings = \$[/tex]13,072
- Regular Earnings = \[tex]$9,400 So, \[ Overtime Earnings = 13,072 - 9,400 = 3,672 \] (2) Total Gross Earnings The total gross earnings is the sum of regular and overtime earnings. We are given that: \[ Gross Earnings = \$[/tex]13,072 \]
(3) State Income Taxes
State income taxes are calculated as 4% of gross earnings. Therefore:
[tex]\[ State Income Taxes = 0.04 \times 13,072 = 523 \][/tex]
(4) Total Deductions
The total deductions include:
- FICA Taxes = \[tex]$1,000 - Federal Income Taxes = \$[/tex]1,178
- Union Dues = \[tex]$160 - State Income Taxes = \$[/tex]523
Summing these up:
[tex]\[ Total Deductions = 1,000 + 1,178 + 160 + 523 = 2,861 \][/tex]
(5) Salaries and Wages Expense
As gross earnings represent the total Salaries and Wages expense, we have:
[tex]\[ Salaries and Wages Expense = \$13,072 \][/tex]
### Step 3: Filling in the Payroll Register
Now that we have calculated all the missing values, let's fill them in the payroll register.
[tex]\[ \begin{tabular}{|c|c|c|c|} \hline Gross earnings: & 13,072 & State income taxes & 523 \\ \hline Regular & 9,400 & Union dues & 160 \\ \hline Overtime & 3,672 & Total deductions & 2,861 \\ \hline Total & 13,072 & Net pay & 10,211 \\ \hline Deductions & & Account debited: & \\ \hline FICA taxes & 1,000 & Salaries and wages expense & 13,072 \\ \hline Federal income taxes & 1,178 & & \\ \hline \end{tabular} \][/tex]
This completes the problem by filling in the missing values based on the given data and deductions forecast.
### Step 1: Understanding the given data
1. Regular Earnings: \[tex]$9,400 2. Net Pay: \$[/tex]10,211
3. FICA Taxes: \[tex]$1,000 4. Federal Income Taxes: \$[/tex]1,178
5. Union Dues: \[tex]$160 6. FICA tax rate: 7.65% 7. State Income Tax rate: 4% ### Step 2: Identifying Missing Values (1) Overtime Earnings From the given data, the overtime earnings can be determined as the difference between total gross earnings and regular earnings. This value is calculated as: \( Overtime Earnings = Gross Earnings - Regular Earnings \) From the data: - Gross Earnings = \$[/tex]13,072
- Regular Earnings = \[tex]$9,400 So, \[ Overtime Earnings = 13,072 - 9,400 = 3,672 \] (2) Total Gross Earnings The total gross earnings is the sum of regular and overtime earnings. We are given that: \[ Gross Earnings = \$[/tex]13,072 \]
(3) State Income Taxes
State income taxes are calculated as 4% of gross earnings. Therefore:
[tex]\[ State Income Taxes = 0.04 \times 13,072 = 523 \][/tex]
(4) Total Deductions
The total deductions include:
- FICA Taxes = \[tex]$1,000 - Federal Income Taxes = \$[/tex]1,178
- Union Dues = \[tex]$160 - State Income Taxes = \$[/tex]523
Summing these up:
[tex]\[ Total Deductions = 1,000 + 1,178 + 160 + 523 = 2,861 \][/tex]
(5) Salaries and Wages Expense
As gross earnings represent the total Salaries and Wages expense, we have:
[tex]\[ Salaries and Wages Expense = \$13,072 \][/tex]
### Step 3: Filling in the Payroll Register
Now that we have calculated all the missing values, let's fill them in the payroll register.
[tex]\[ \begin{tabular}{|c|c|c|c|} \hline Gross earnings: & 13,072 & State income taxes & 523 \\ \hline Regular & 9,400 & Union dues & 160 \\ \hline Overtime & 3,672 & Total deductions & 2,861 \\ \hline Total & 13,072 & Net pay & 10,211 \\ \hline Deductions & & Account debited: & \\ \hline FICA taxes & 1,000 & Salaries and wages expense & 13,072 \\ \hline Federal income taxes & 1,178 & & \\ \hline \end{tabular} \][/tex]
This completes the problem by filling in the missing values based on the given data and deductions forecast.
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