$99$ Ex $9-7,8,9$

$1$

$1$

Required information

Port $1$ ot $3$

Use the following information for the Exercises below. $($Algo$)$

$[$The following information applies to the questions displayed below$]$

$85$

poin:

ebocen:

BMX Company has one employee. FICA Social Security tawes are $62\%$ of the first $$137700$ paid to is employee and FICA Medicare taves are $1\mathrm{.}45\%$ of gross pay. For BMC is FUTA laxes are $0\mathrm{.}6\%$ and SUTA taxes ave $5\mathrm{.}4\%$ of the frst $$7,000$ paid to its employee.

$\backslash$table$[[,$Gross Fay threugh Engust $31,$Oress Pay for Septeaber$],[$a$.,$$ $5,690,\%1,564],[$b$.,3,20$e$,3,260],[$C$.,132,500,9,10$e$]]$

Exercise $9-7($Algo$)$ Computing poyroll taxes LO P$2,$ P$3$

Compute BMBCs amounts for each of these four taves as applied to the employee's gross earnings for September under each of thee separate shuations $($a$).($b$),$ and $/$C$).$

Note: Round your answers to $2$ decimel places.

$\backslash$table$[[$a$)],[$Ias$,$September Levnings Sunfect to Ias,Iax Rate,Tex Anowem$],[$FICA$-$Siodial Securty,$3,80060,62014,5,456$