Chapter 9 Homework - Connect Saved Help Save & Exit Submit Check my work Mest Company has nine employees. FICA Social Security taxes are 6.2% of the first $137,700 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay, FUTA taxes are 0.6% and SUTA tales are 5.4% of the first $7,000 paid to each employee. Cumulative pay for the current year for each of its employees follows. Employee Cumulative Pay Employee Cumulative Pay Employee Cumulative Pay Ken S $ 6,400 Julie W $ 145,500 Christina s $ 140,600 Tim V 42,400 Michael 108,900 Kitty o 38.900 Steve s 89,000 Zach R 137,700 6,000 John W a. Compute the amounts in this table for each employee. b. For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxes. Hint. Remember to include in those totals any employee share of taxes that the company must collect. Complete this question by entering your answers in the tabs below. 7 of 13 13. Next > Check my work Employee Ken S Tim V Steve S Julie W Cumulative Pay Subject to Pay Pay Subject to Pay Subject to Pay Subject to FICA Social Security FICA Medicare FUTA Taxes SUTA Taxes $ 6,400 42,400 89,000 145,500 108,900 137,700 140,600 38,900 6,000 $ 0 0 0 $ 715,400 $ $ 0 $ Michael M Zach R Christina S Kitty John W Totals Red Required > Saved Help Save & Exit Submit Required A Required B Check my work For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxes. Remember to include in those totals any employee share of taxes that the company must collect. (Round your final answe to 2 decimal places.) Tax Paid by Employee Tax Paid by Employer Total Tax FICA Social Security taxes FICA Medicare taxes FUTA taxes SUTA taxes