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Exercise 11-11 (Part Level Submission) Ramirez Company has the following data for the weekly payroll ending January 31. Hours Hourly Rate Federal Income Tax Withholding
Exercise 11-11 (Part Level Submission) Ramirez Company has the following data for the weekly payroll ending January 31. Hours Hourly Rate Federal Income Tax Withholding Health Insurance Employee M T w T F S L. Helton 9 7 8 7 11 3 $12. $33 $10 R. Kenseth 7 8 7 7 7 5 14 36 27 D. Tavaras 10 10 9 9 8 0 15 60 27 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 Pay FICA Taxes Federal Income Taxes Health Insurance Total Net Pay L. Helton $ R. Kenseth D. Tavaras Totals $ $ $ $
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