1. Bob Higgins works for Red Apple Engines, which pays employees on a semimonthly basis. Bobs annual salary is $150,000.

Required:

Calculate the following: (Round "Employer Share Social Security Tax" & ''Employer Share Medicare Tax'' to 2 decimal places.)

2. White Lemon Cameras has the following employees:

Employee Name	Annual Taxable Wages
Mia Haskell	$	26,000
Viktor Papadopoulos	$	35,000
Puja Anderson	$	32,000
Cady Billingmeier	$	29,000
Carl Johnson	$	46,000

Required:

White Lemon Cameras SUTA tax rate is 5.4 percent and applies to the first $8,000 of employee wages. White Lemon Cameras' FUTA tax rate of 6% is subject to a 5.4% reduction and applies to the first $7,000 of employee wages. What is the annual amount of FUTA and SUTA taxes due for each employee?