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09 Ex 9-7, 8, 9 ( Savel Part 1 of 3 8.5 points Required information Use the following information for the Exercises below. (Algo)
09 Ex 9-7, 8, 9 ( Savel Part 1 of 3 8.5 points Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 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. eBook Ask 14 Print Gross Pay through Gross Pay for August 31 September 6,800 2,400 131,800 $700 2,500 8,400 Exercise 9-7 (Algo) Computing payroll taxes LO P2, P3 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 (d). (Round your answers to 2 decimal places.) FICA-Social Security FICA-Medicas September Earnings Subject Tax Tax Amount Help Save & Exit Submit Check my work
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