Question: mework Saved Help Save & Exit Sub Paloma Co. has four employees. FICA Social Security taxes are 6.2% of the first $128.400 paid to each

 mework Saved Help Save & Exit Sub Paloma Co. has four
employees. FICA Social Security taxes are 6.2% of the first $128.400 paid
to each employee, and FICA Medicare taxes are 1.45% of gross pay.
Also, for the first $7,000 paid to each employee, the company's FUTA
taxes are 0.6% and SUTA taxes are 5.4%. The company is preparing

mework Saved Help Save & Exit Sub Paloma Co. has four employees. FICA Social Security taxes are 6.2% of the first $128.400 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 5.4%. The company is preparing its payroll calculations for the week ended August 25. Payroll records show the following information for the company's four employees. Name Dali Trey Kiesha Chee Gross Pay through Aug. 18 $124,700 126,400 8,500 2,450 Current Week Income Tax Gross Pay Withholding $4,200 $ 483 2,000 346 1,400 51 1,800 In addition to gross pay, the company must pay one-half of the $88 per employee weekly health insurance; each employee pays the remaining one-half. The company also contributes an extra 8% of each employee's gross pay (at no cost to employees) to a pension fund. Required: Compute the following for the week ended August 25. (Round your intermediate calculations and final answers to 2 decimal places.): 1) Employees' FICA Withholdings for Social Security Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate omework Saved 1) Employees' FICA Withholdings for Social Security Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Trey Kiesha Chee Total 2) Employees' FICA Withholdings for Medicare Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Trey Kiesha Chee Total hi Homework Saved 3) Employer's FICA Taxes for Social Security Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Trey Kiesha Chee Total es 4) Employer's FICA Taxes for Medicare Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Trey Kiesha Chee Total tml 9 Homework Saved Total 5) Employer's FUTA Taxes Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali ok Trey Kiesha nt Chee ences Total 6) Employer's SUTA Taxes Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dal Trey Kiesha Chee ...html

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