Anders Co. has tour employees. FICA Social Security taxes are 6.2% of the first $128,400 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the company's FUTA taxes are 0.6% and SUTA taxes are 5.4%. The company is preparing its payroll calculations for the week ended August 25. Payroll records show the following information for the company's four employees. Name Dali Trey Kiesha Chee Gross Pay through Aug. 18 $123,900 125,600 9,300 3,250 Current Week Income Tax Gross Pay withholding $5,000 $ 596 2,800 282 2,000 58 2,000 47 In addition to gross pay, the company must pay one-half of the $104 per employee weekly health insurance; each employee pays the remaining one-half. The company also contributes an extra 8% of each employee's gross pay (at no cost to employees) to a pension fund. Required: Compute the following for the week ended August 25. (Round your intermediate calculations and final answers to 2 decimal places.): 1) Employees' FICA Withholdings for Social Security Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Trey Kiesha Chee Total SA 1) Employees' FICA Withholdings for Social Security Employee Emings Tax Rate Subject to Tax Tax Amount Tax Rate Dali Trey Kiesha Chee Total 2) Employees' FICA Withholdings for Medicare Employee Earnings Tax Rate Subject to Tax Tax Amount Tax Rate Dali Trey Kisha Chee Total Tax Amount 3) Emplayer' FICA Taxes for Social Security Employee Earning Tax Rate Subject to Tax Tax Rate Da d " 00 DI DDC oda FC F2 F6 # A 2 3 4 5 6 7 8 9 3) Employer's FICA Taxes for Social Security Employee Linings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Trey Kiesha Chee Total 4) Employer's FICA Taxes for Medicare Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dal Trey Kiesha Chee Total 5) Employer's FUTA Taxes Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dall 5) Employer's FUTA Taxes Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dali Trey Kiesha Chee Total 6) Employer's SUTA Taxes Employee Earnings Subject to Tax Tax Rate Tax Amount Tax Rate Dall Trey Kesha Chee Total Trey Kiesha Chee Total 7) Each Employee's Net (take-homo) Pay Employee Dali Gross Pay $ 5,000.00 $ Income tax withholding 596.00 FICA - Social Security 2,800.00 $ 2,000.00 $ 2,000.00 $ 282.00 58.00 11,800.00 983.00 47.00 RE DHI Troy Kiesha Chee Total 7) Each Employee's Net (take-home) Pay Employee Dall Troy Kiesha Chee Total $ 2,800.00 $ 5,000.00 $ 596.00 2,000.00 $ 58.00 2,000.00 $ 11,800.00 47.00 983.00 282.00 Gross Pay Income tax withholding FICA - Social Security FICA - Medicare Health Insurance Not Pay Chee Total 2,000.00 $ 11,800.00 $ 8) Employer's total payroll-related expense for each employee. Employee Dali Trey Kesha Gross Pay $ 5,000.00 $ 2,800.00 $ 2,000.00 FICA - Social Security FICA - Medicare FUTA SUTA Health Insurance Pension Total Payroll Expense
