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Exercise 11-11 (Part Level Submission) Ramirez Company has the following data for the weekly payroll ending January 31. Hours Employee L. Helton R. Kenseth D.
Exercise 11-11 (Part Level Submission) Ramirez Company has the following data for the weekly payroll ending January 31. Hours Employee L. Helton R. Kenseth D. Tavaras Hourly M T W T F S Rate 98 97 11 3 $12 8 9 8 7 7 5 14 10 10 8 8 8 0 15 Federal Income Tax Withholding $32 39 Health Insurance $10 25 26 Employees are paid 1.5 times the regular hourly rate for all hours worked in excess of 40 hours per week. FICA taxes are 7.65% on the first $117,000 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. (a) Prepare the payroll register for the weekly payroll. (Round answers to 2 decimal places, e.g. 15.25.) RAMIREZ COMPANY Payroll Register For the Week Ending January 31 Earnings Deductions Employee Total Hours Regular Overtime Gross PayFICA Taxes Federal Income Taxes Health Insurance Net Pay L. Helton R. Kenseth D. Tavaras Totals SHOW LIST OF ACCOUNTS LINK TO TEXT
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