3 4 15 6 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. FICA-SS FICA Base FICA-Med 6.2% $137,700 1.45% 7 B a. 9 b. 10 c. 11 12 Required: Gross Pay through Gross Pay for August 31 September $6,400 $800 2,000 131,400 2,100 8,000 Unemp. FUTA 0.6% SUTA 5.4% $7,000 Limit 13 Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for 14 September under each of three separate situations (a), (b), and (c). 15 16 (Use cells A2 to 110 from the given information to complete this question.. Enter the formula -0 in column B if no earnings are subject to tax.) 17 17 18 a) Tax 19 FICA-Social Security 20 FICA Medicare 21 FUTA 22 SUTA September Earnings Subject to Tax Tax Rate Tax Amount 23 b) Tax: September Earnings Subject to Tax Tax Rate Tax Amount 24 FICA-Social Security 25 FICA-Medicare 26 FUTA 27 SUTA 28 c) Tax September Earnings Subject to Tax Tax Rate Tax Amount 29 FICA-Social Security 30 FICA-Medicare 31 FUTA 32 SUTA 33 34 35 < Graded Worksheet + Calculation Mode: Automatic Workbook Statistics 80F Mostly cloudy Q Search