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Bravo Zulu is an employee of Alpha Company. Alpha Company pays employees

Bravo Zulu is an employee of Alpha Company. Alpha Company pays employees

the Friday after the wages are earned. Overtime in excess of 40 hours must be paid at 150% of the normal hourly rate. Social Security taxes for this problem are 6% and Medicare taxes are 1.5%. The federal unemployment tax rate is 1.2% and the state unemployment tax rate is 4.5%. Bravo’s wages, including the current pay period, will not exceed the limits for social security, medicare and unemployment taxes. Bravo earms $15 per hour and wored 55 hours for the week ended January 26, 2018. Alpha will withhold $210 federal income taxes. Use this information to prepare the General Journal entries to accrue alphas:

a. Payroll expense for Bravo Zulu
b. payroll tax liablities for January 26, 2018 for Bravo Zulu.

ROund all calculated values to the nearest penny and prepare journal entries with penny values recorded.

 
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