Problem
Susan Braun's regular hourly wage rate is $18, and she receives an hourly rate of $27 for work in excess of 40 hours. During a January pay period, Susan works 47 hours. Susan's federal income tax withholding is $95, and she has no voluntary deductions. Assume that the FICA tax rate is 7.65%.
Prepare the employer's journal entry to record payroll taxes for the period. Ignore unemployment taxes.