Ramirez Company has the following data for the weekly payroll ending January 31. Employees are paid 1

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Ramirez Company has the following data for the weekly payroll ending January 31. 

Federal Cumulative Hours Hourly Income Tax Health Earnings Withholding Insurance (Jan. 1-24) Employee M T W T F S Rate L. Helton 8 8 8 10 3 $12.00 $34.00 $10.00 $1,440.00 R. Kenseth 8. 8 8 8 8 14.00 37.00 25.00 1,722.00 D. Tavaras 9. 10 8 8 9. 15.00


Employees are paid 1½ 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. 


Instructions 

a. Prepare the payroll register for the weekly payroll. 

b. Prepare the journal entry to record the payroll.

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Related Book For  answer-question

College Accounting

ISBN: 1986

1st Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Deanna C. Martin, Jill E. Mitchell

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