9-6

Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) BMX Company has one employee FICA Social Security taxes are 6.2% of the first $128,400 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. a. b. C. Gross Pay through August 31 $ 5,900 2,700 123,500 Gross Pay for September $1,400 2,800 9,400 Exercise 9-6 Payroll-related journal entries LO P2