Fishing Guides Co. pays its employees each week. Employees’ gross pay is subject to these taxes.

The company is preparing its payroll calculations for the week ended September 30. Payroll records show the following information for the company’s four employees.

In addition to gross pay, the company must pay one-half of the \($40\) per employee weekly health insurance;
each employee pays the remaining one-half. The company also contributes an extra 5% of each employee's gross pay (at no cost to employees) to a pension fund.
Required
Compute the following for the week ended September 30 (round amounts to the nearest cent):
1. Employer’s FICA taxes for Social Security.
2. Employer’s FICA taxes for Medicare.
3. Employer’s FUTA taxes.
4. Employer’s SUTA taxes.
5. Employer’s total payroll-related expense for each employee.

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Tax Rate Applied to FICA FICA-Social Security Medicare. 6.20% First $94.200 1.45 All gross pay FUTA 0.80 First $7,000 SUTA 1.75 First $7,000