Ramirez Company has the following data for the weekly payroll ending January 31.

Employees are paid 1½ times the regular hourly rate for all hours worked in excess of 40 hours per week. FICA taxes are 7.65% on the first $110,100 of gross earnings. Ramirez Company is subject to 5.4% state unemployment taxes and 0.8% federal unemployment taxes on the first $7,000 of gross earnings.

Instructions

(a) Prepare the payroll register for the weekly payroll.

(b) Prepare the journal entries to record the payroll and Ramirez’s payroll tax expense.

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Federal Hourly Income Tax Rate Withholding Insurance $12 Health Hours т Employee L. Helton R. Kenseth D. Tavaras м т 8. 8. $10 25 10 3 2 $34 37 58 14 15 10 25 8. 9.