09 P9 30 Help Save & Exit Check my 1 Problem 9-3A Payroll expenses, withholdings, and taxes LO P2, P3 Paloma Co, has four employees. FICA Social Security taxes are 6.2% of the first $128.400 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 5.4%. The company is preparing as payroll calculations for the week ended August 25. Payroll records show the following information for the company's four employees. Current Week Gross Pay Income Tax Nane through Aug. 18 Gross Pay Withholding Dals $124,400 $6.800 5525 Trey 126.000 2.400 322 Kesha 3,800 1,400 54 Chee 2,750 1.800 43 In addition to gross pay, the company must pay one-half of the $94 per employee weekly health insurance, each employee pays the remaining one-hall. The comany also contributes an extra 8% of each employee's gross payat no cost to employees) to a pension fund, Required: Compute the following for the week ended August 25 (Round your intermediate calculations and final answers to 2 decimal places.) Tax Amount 1) Employees' FICA Withholdings for Social Security Employee Earnings Tax Rate Subject to Tax Tax Rate Dall Trey Kesha Chee Prev 1 of 1 Next places.): 1) Employees' FICA Withholdings for Social Security Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Trey Kiesha Chee Total 2) Employees' FICA Withholdings for Medicare Employee Eacings Tax Rate Subject to Tax Tax Amount Tax Rate Dali Trey Kiesha Chee Total 3) Employer's FICA Taxes for Social Security Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Prev 1 of 1 Neyt 3) Employer's FICA Taxes for Social Security Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Trey Kiesha Chee Total 4) Employer's FICA Taxes for Medicare Employee Earnings Subjent to Tax Tax Rate Tax Amount Tax Rate Dali Trey Kiesha Chee Total 5) Employer's FUTA Taxes Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Trey Prax 5) Employer's FUTA Taxes Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Trey Kiesha Chee Total 6) Employer's SUTA Taxes Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Trey Kiesha Chee Total 7) Each Employee's Net (take-home) Pay Employee Dali Trev Kinnh Trey Kiesha Chee Total 7) Each Employee's Net (take-home) Pay Employee Dali Gross Pay 4,800.00 Income tax withholding 525.00 FICA - Social Security FICA - Medicare $ 2,400.00 $ 1,400.00 $ 1,800.00 $ 10,400.00 944.00 322.00 54.00 43.00 Health Insurance Net Pay 8) Employer's total payroll-reland expense for each employee. Employee Dali Trey Kiesha Gross Pay 4,800.00 $ 2,400.00 $ 1,400.00 FICA - Social Security FICA - Medicare Chee Total $ 1,800.00 $ 10,400.00 FUTA SUTA Health Insurance Pension Total Payroll Expense