Reference no: EM132419172

Problem: Trina Baldwin works at College of Long Beach and is paid $ 45 per hour for a? 40-hour workweek and? time-and-a-half for hours above 40.

Requirement 1. Compute Baldwin gross pay for working 58 hours during the first week of February.

Requirement 2. Baldwin is? single, and her income tax withholding is 10 % of total pay. Baldwin only payroll deductions are payroll taxes. Compute Baldwin net? (take-home) pay for the week. Assume Baldwin earnings to date are less than the OASDI limit. ?(Round all amounts to the nearest? cent.)

Requirement 3. Journalize the accrual of wages expense and the payments related to the employment of Trina Baldwin ?(Record debits?first, then credits. Select the explanation on the last line of the journal entry? table.)

Begin with the entry to accrue wages expense and payroll withholdings for Trina Baldwin ?(Round all amounts to the nearest? cent.)

Now record the entry to record the payment of wages to Trina Baldwin ?(Round all amounts to the nearest? cent.)

*More Info

For all payroll? calculations, use the following tax rates and round amounts to the nearest? cent:

?Employee:?OASDI: 6.2?% on first $118,500 ?earned; Medicare: 1.45?% up to $200,000?, 2.35?% on earnings above $200,000.

?Employer: ?OASDI: 6.2?% on first $118,500 ?earned; Medicare: 1.45?% on all? earnings; FUTA: 0.6?% on first $7,000 ?earned; SUTA: 5.4?% on first $7,000 earned.

Question A: Compute Baldwin gross pay for working 58 hours during the first week of February.

Question B: Baldwin is? single, and her income tax withholding is 10 % of total pay. Baldwin's only payroll deductions are payroll taxes. Compute Baldwin?'s net? (take-home) pay for the week. Assume Baldwin?'s earnings to date are less than the OASDI limit.

Question C: Journalize the accrual of wages expense and the payments related to the employment of Trina Baldwin