Question: Chapter 9 Assignment Saved 2 ! Part 1 of 3 Required information [The following information applies to the questions displayed below.) BMX Company has one

 Chapter 9 Assignment Saved 2 ! Part 1 of 3 Required

Chapter 9 Assignment Saved 2 ! Part 1 of 3 Required information [The following information applies to the questions displayed below.) BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $128,400 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to its employee 1 points 8 01:02:28 a. b. C. Gross Pay through August 31 $ 6,000 2,750 123,600 Gross Pay for September $1,500 2,850 9. See eBook Hint Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations (and ((Round your answers to 2 decimal places.) Print Tax September Earnings Subject to Tax Tax Rate Tax Amount ences FICA-Social Security FICA Medicare FUTA SUTA b) 6.20% 1.45% 0.504 5.40% September Earnings Subject to Tax Tax Rate Tax Amount Tax FICA Security FICAMedicare

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