Trapper Company has the following data for the weekly payroll ended March 31: Employees are paid 1.5 times the regular hourly rate for all hours worked over 44 hours per week. Trapper Company must make payments to the workers' compensation plan equal to 2% of the gross payroll. In addition, Ahmad matches the employees' health insurance contributions and accrues vacation pay at a rate of 4%.
Instructions
a) Prepare the payroll register for the weekly payroll.
b) Record the payroll and Trapper Company's employee benefits.

Question

Trapper Company has the following data for the weekly payroll ended March 31:  Employees are paid 1.5 times the regular hourly rate for all hours worked over 44 hours per week. Trapper Company must make payments to the workers' compensation plan equal to 2% of the gross payroll. In addition, Ahmad matches the employees' health insurance contributions and accrues vacation pay at a rate of 4%.
Instructions 
a) Prepare the payroll register for the weekly payroll.
b) Record the payroll and Trapper Company's employee benefits.

Quizplus · Accepted Answer

The Answer of Trapper Company has the following data for the weekly payroll ended March 31:  Employees are paid 1.5 times the regular hourly rate for all hours worked over 44 hours per week. Trapper Company must make payments to the workers' compensation plan equal to 2% of the gross payroll. In addition, Ahmad matches the employees' health insurance contributions and accrues vacation pay at a rate of 4%.
Instructions 
a) Prepare the payroll register for the weekly payroll.
b) Record the payroll and Trapper Company's employee benefits.

Trapper Company Has the Following Data for the Weekly Payroll