Example 3-1 Example 3-2 Wallington Company has 100 employees, each earning $525.25 a week. $32.57 $3,257.00 $3,256.55 (6.2% * $525.25) ($32.57 x 100) [6.2% ($525.25 100) QASDI Amount of CASDI tax withheld from each employee's paycheck each week: Total tax withheld from the 100 employees wages: Tax on employer: HI Amount of HI tax withheld from each employee's paycheck each week: Total tax withheld from the 100 employees' wages is: Tax on employer: $7.62 3762.00 $761.61 (1.45% x $525.25) ($7.62 x 100) (1.45% ($525,25 x 100)] The biweekly taxable wages for the employees of Rite-Shop follow. Compute the FICA taxes for each employee and the employer's FICA taxes. Round all computations to the nearest cent. FICA Taxes OASDI HI Employee No. Employee Name 711 Castro, Manny 512 Corrales, Pat Biweekly Taxable Wages $1,000.00 968.00 624 Guitar, Joseph 1,004.00 325 Moore, Connie 1,046.40 TI 422 1,200.00 210 Morrison, Harry Robertson, Catherine Swarez, Joseph 1,044.80 111 1.122.00 Totals Employer's OASI Total Toxable Wages Employer's OASDI Tax Employer's HI Tax Total Taxable Wages Employer's HI Tax