Reference no: EM131730105

Question - Charlie Delta, an employee of the Bravo Zulu Company is paid by cheque on each payday and earns $15 per hour. Charlie worked 50 hours the week ending February 26, 2016. Overtime in excess of 40 hours must be paid at 150% of the normal hourly rate. Payroll liabilities are paid at the end of each quarter. The following apples to all of Charlie's wages for this period:

Item Rate/Amount

Social Security taxes 6.0%

Medicare/Medicaid taxes 1.5%

Federal Income Taxes withheld $210

State Income Taxes withheld $50

All this week's wages were subject to:

Item Rate/Amount

Federal Unemployment Tax 0.5%

State Unemployment Tax 3.0%

Use this information to determine for the February 26 pay period:

1. Charlie's Net Pay

2. Bravo Zulu's employer payroll tax expense

3. Total Payroll Liability for Bravo Zulu