Ramirez Company has the following data for the weekly payroll ending January 31. Employee M L. Helton R. Kenseth D. Tavaras 8 8 9 T 8 8 Hours W 9 8 T F 8 8 . 10 8 S 3 2 10 8 8 9 0 Hourly Rate $12 14 15 Federal Income Tax Withholding $34 37 58 Health Insurance $10 25 25 Cumulative Earnings (Jan. 1- 24) $1,440 1,722 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 1.45% on all salaries and wages.

Ramirez Company has the following data for the weekly payroll ending January 31. 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 1.45% on all salaries and wages Ramirez Company has the following data for the weekly payroll ending January 31. 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 1.45% on all salaries and wages