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

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

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Ramirez Company has the following data for the weekly payroll ending January 31. Hours Cumulative Hourly Earnings (Jan. 1- 24) Federal Income Tax Health Employee M T F Rate Withholding Insurance L. Helton 8 8 8 10 3 $12 $34 $10 $1,440 R. 8 8 8 8 8 2 14 37 25 1,722 Kenseth D. 10 8 15 58 25 1,800 Tavaras 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. Hours Cumulative Hourly Earnings (Jan. 1- 24) Federal Income Tax Health Employee M T F Rate Withholding Insurance L. Helton 8 8 8 10 3 $12 $34 $10 $1,440 R. 8 8 8 8 8 2 14 37 25 1,722 Kenseth D. 10 8 15 58 25 1,800 Tavaras 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.