1. Westway Company pays Suzie Chan $3,100 per week. Assume Social Security is 6.2% on $128,400 and 1.45% for Medicare.
2. 
   
3. Required
4. a. By the end of week 52, how much did Westway deduct for Suzie's Social Security and Medicare for the year?
5. b. What state and federal unemployment taxes does Westway pay on Suzie's yearly salary?

The state unemployment rate is 5.1%. FUTA is .6%.

 

Answer rating: 100% (QA)

a To calculate the amount of Social Security and Medicare taxes that Westway deducted for Suzies salary for the year we need to first calculate her an... View the full answer