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Bonita Company has the following data for the weekly payroll ending January 31. Hours Employee M T W T FL S Hourly Rate Federal
Bonita Company has the following data for the weekly payroll ending January 31. Hours Employee M T W T FL S Hourly Rate Federal Income Tax Withholding Health Insurance L. Helton 8 8 6 7 11 2 $12 $34 $12 R. Kenseth 897 7 8 4 14 36 25 D. Tavaras 9 10 8890 15 58 27 Employees are paid 1.50times the regular hourly rate for all hours worked in excess of 40hours per week. FICA taxes are 7.65% on the first $132,900of gross earnings. Bonita Company is subject to5.40% state unemployment taxes and0.60% federal unemployment taxes on the first $7,000 of gross earnings.
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