Question: i need help solving this problem! Required information [The following information applies to the questions displayed below.) BMX Company has one employee, FICA Social Security

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 a. b. Gross Pay through August 31 $ 6,000 2,750 123,600 Gross Pay for September $1,500 2,850 9,500 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 (a), (b), and (c). (Round your answers to 2 decimal places.) a) Tax FICA Social Security FICA-Medicare FUTA September Earnings Subject to Tax $ 1,500.00 1,500.00 Tax Rate Tax Amount 6.20% $ 93.00 1.45% 21.75 0.60% 5.40% SUTA b) Tax September Earnings Subject to Tax Tax Rate Tax Amount FICA -Social Security FICA Medicare FUTA SUTA Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings fc separate situations (a), (b), and (c). (Round your answers to 2 decimal places.) a) Tax Rate Tax Amount Tax September Earnings Subject to Tax 1,500.00 1,500.00 93.00 FICA Social Security 6.20% $ 1.45% 21.75 FICA-Medicare FUTA 0.60% 5.40% SUTA b) Tax September Earnings Subject to Tax Tax Rate Tax Amount FICA-Social Security FICA Medicare FUTA SUTA c) Tax September Earnings Subject to Tax Tax Rate Tax Amount FICA -Social Security FICA-Medicare FUTA SUTA
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