BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $117,000 paid to

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BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $117,000 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 2.9% of the first $7,000 paid to its employee. 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).

Gross Pay through August Gross Pay for September $ 6,400 a. $ 800 2,100 8,000 b. 18,200 c. T10,700

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