DIRECTIONS: Complete the following payroll register for employees of Corby Company for the week ended March 1. Taxable earnings should be computed on the basis of a 40-hour week with overtime earnings being paid at time and one-half for all hours over 40 each workweek (no overtime for salaried employees). Note: Carry each overtime hourly rate out to 3 decimal places and then round off to 2 decimal places. All employees' wages are subject to the OASDI tax of 6.2% and the HI tax of 1.45%. The supplemental HI rate of 0.9% is not applicable. PR.04.31AT completes the payroll register through Gross Pay. PR.04.32AT completes this problem to arrive at Net Pay PAYROLL REGISTER FOR WEEK ENDING March 1 TIME RECORD REGULAR EARNINGS EMPLOYEE'S NO. MARITAL STATUS NO. W/H ALLOW. CLAIMED MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY NO. HOURS (REGULAR) RATE PER HOUR AMOUNT PAYROLL REGISTER
FOR WEEK ENDING March 1
TIME RECORD REGULAR EARNINGS
EMPLOYEE'S MARITAL NO. W/H MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY NO. HOURS RATE
NO. STATUS ALLOW. (REGULAR) PER
CLAIMED HOUR AMOUNT
41 S 2 8 7½ 8 9 8 5½ 12.00 $
32 M 5 8 10 10 9 8½ 4 40 S 1,600.00
63 M 0 8 8 8 8 8 ... 13.00
54 S 1 9 8 10 8 8 4 12.00
45 M 2 10 8 8 9 8 4½ 12.50
16 S 0 8 9 10 9 8 4 12.75
7 S 1 5 6 8 8 8 4 12.00
28 M 3 8 8 8 8 8 ... 12.00
49 M 0 8 9 8 8 9 6 12.00
10 S 1 8 8 0 9 10 5 40 S 1,450.00
TOTALS $