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Blossom Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40a week. Payroll data

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Blossom Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40a week. Payroll data for the week ended March 15 are presented below. The following tax rates are applicable: FICA 7.65% (the 7.65% FICA tax rate consists of the Social Security tax rate of 6.2% on salaries and wages up to $128,400 and the Medicare tax rate of 1.45% on all salaries and wages), state income taxes 3%, state unemployment taxos 5.4%, and federat unemployment 0.6%. (a) 2. Your answer is partially correct. Journalize employer payroll taxes. No employee has reached the Social Security limit of $128,400 or the FUTAVSUTA limit of 57,000. (Round answers to 2 decimol places, es. 15.25. Credit occount titles are outomatically indented when amount is entered. Do not Indent manualty) Blossom Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40a week. Payroll data for the week ended March 15 are presented below. The following tax rates are applicable: FICA 7.65% (the 7.65% FICA tax rate consists of the Social Security tax rate of 6.2% on salaries and wages up to $128,400 and the Medicare tax rate of 1.45% on all salaries and wages), state income taxes 3%, state unemployment taxos 5.4%, and federat unemployment 0.6%. (a) 2. Your answer is partially correct. Journalize employer payroll taxes. No employee has reached the Social Security limit of $128,400 or the FUTAVSUTA limit of 57,000. (Round answers to 2 decimol places, es. 15.25. Credit occount titles are outomatically indented when amount is entered. Do not Indent manualty)

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