Hours M T w T s F 10 Hourly Rate $12 Federal Income Tax Withholding $34 Health Insurance 510 Cumulative Earnings (Jan 1-24) $1,440 8 8 9 8 3 Employee L. Helton R Kenseth D. Tavaras 8 8 B 8 B 2 14 37 25 1.722 10 8 8 9 0 15 58 25 1,800 Employees are paid 1 times the regular hourly rate for all hours worked in excess of 40 hours per week The 7.65% FICA tax rate consists of the Social Security tax rate of 6.2% on salaries and wages up to $128,400 and the Medicare tax rate of 145% on all salaries and wages Prepare the payroll register for the weekly payroll (Round answers to 2 decimal places 1525) Earnings Employee Total Hours Regular Overtime G L. Helton 06 $ 40 VA $ 6 R.Kenseth 42 40 2 D. Tavaras 04 10 4 Totals 5 $ 12 > eTextbook and Media List of Accounts Ramirez Company has the following data for the weekly payroll ending January 31. Hours T F 003 w 9 Hourly Rate $12 wu Federal Income Tax Withholding $34 Health Insurance $10 Cumulative Earnings an. 1-24) $1,440 B B 10 Employee LHelton R. Kenneth D Tavaras 8 8 2 14 37 25 1,722 9 10 B 8 9 15 58 25 1.800 Employees are paid 1% times the regular hourly rate for all hours worked in excess of 40 hours per week. The 765% FICA tax rate consists of the Social Stcurity tax rate of 62% on salaries and wages up to $128,400 and the Medicare tax rate of 1.45% on all salaries and wages Prepare the payroll register for the weekly payroll und answers to 2 decimal places 15.25 RAMIREZ COMPANY Payroll Register For the Week Ending January 31 Taxable Earnings Social Security $ Gross Pay Cumulative Earnings Medicare $ 58 $ 802 690 $ e Textbook and Media List of Accounts Prepare the journal entry to record the payroll (Celtic Indented in amount senteret. Do not indent manually endangers to decimale 15.25 Debat Credit Date Jan 33 Account Titles and Explanation Salaries and Wagesente FICATPayable Federal cane Payable Ramirez Company has the following data for the weekly payroll ending January 31 Hours M T w T F Hourly Rate $12 5 Cumulative Earnings an 1-24) $1,440 Federal Income Tax Withholding $34 Health Insurance $10 8 B 9 B 10 3 Employee Helton R Kenseth D. Tavaras 8 8 B 8 B 8 2 14 37 25 1.722 9 10 9 0 15 58 25 1,800 Employees are paid 1 times the regular hourly rate for all hours worked in excess of 40 hours per week. The 765% FICA tax rate consists of the Social Security tax rate of 6.2% on salaries and wages up to $129,400 and the Medicare tax rate of 1.45% on all salaries and wages Prepare the payroll register for the weekly payroll. (Round answers to 2 decimal places. Es 1525) Total FICA Taxes Deductions Federal Income Taxes 5 Health Insurance 5 $ $ >