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5 Answer is not complete. a) Part 1 of 3 Tax Tax Rate Tax Amount September Earnings Subject to Tax 2,600.00 2.600.00 6.20% 161.20 111

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5 Answer is not complete. a) Part 1 of 3 Tax Tax Rate Tax Amount September Earnings Subject to Tax 2,600.00 2.600.00 6.20% 161.20 111 points 1.45% FICA-Social Security FICA-Medicare FUTA SUTA b) 37.70 Tax Tax Rate September Earnings Subject to Tax S 2.900.00 Tax Amount 6.20% 179.80 FICA Social Security FICA-Medicare FUTA 2.900.00 1.45% 42.05 Required information (The following information applies to the questions displayed below) BMX Company has one employee, FICA Social Security taxes are 6.2% of the first $137700 paid to its employee, and FICA Medicare taxes are 145% 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 Gross Pay through Grons Pay for August 31 September 5 5.300 $ 2,500 2,500 2,900 132,200 3,500 Compute BMX's amounts for each of these four taxes as applied to the employee's gross eamings for September under each of three separate situations (a), (b) and (o (Round your answers to 2 decimal places.) ! Required information b) Tax Tax Rate September Earnings Subject to Tax 2,900.00 Tax Amount $ 6.20% $ FICA-Social Security FICA-Medicare 179.80 2,900.00 1.45% 42.05 FUTA SUTA c) Tax Tax Tax Rate September Earnings Subject to Tax S 8,800.00 X Amount FICA-Social Security FICA-Medicare 6.20% $ 545.60 8,800.00 1.45% 127.60

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