Can someone explain why Dali's gross pay would change and why the the others would be excluded below? This makes zero sense. Thank you
Problem 9-3A Payroll expenses, withholdings, and taxes LO P2, P3 Paloma Co. has four 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. Current Week Gross Pay Income Tax Name through Aug. 18 Gross Pay Withholding Dali $125,200 $4,800 $ 412 Trey 125,200 3,200 Kiesha 8,000 1,200 1,950 1,800 387 47 37 Chee In addition to gross pay, the company must pay one-half of the $78 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.): places. Answer is not complete. 1) Employees' FICA Withholdings for Bolal Becurity Earnings Employee Bubject to Tax Tax Rate Tax Amount Tax Rate 6.209 Dali $ 400.00 6.205 297.50 They 3.200.00 6.2016 198.40 Kesha 1.200,00 74.40 Choa 1.800.000 6.205 111.50 IS 602.00 Tax Amount 2) Employees' FICA Withholdings for Medicare Earnings Employee Subject to Tax Rate Tax Tax Rate 1.4556 Dali $ 4800.00 1.4596 They 3.200.00 Kesha 1.200,00 1.4595 Chen 1,800.00 Is 9. 46.40 17.40 26.10 159.50 Tax Amount S) Employers FICA Taxes for Social Security Earnings Employee Subjaot to Tax Rato Tax Tax Rate 6.20% Dali $ 400,00 They 3.200.00 6.209 Kesha 1,200.00 Cho 1.800.00 $ 297.00 198.40 74.40 111.60 4 Employer's FICA Taxes for Medioare Earnings Employee Subjot to Tax Tax Rate Tax Amount Tax Rate Inal Is s 4.800.00 3.200.00 1,200.00 B.ED 46.40 They 1456 1.459 17.40 Kesha Choo 1,800.00 26.10 Total Is 158.50 6) Employer's FUTA Taxa Earnings Employee Subject to Tax Tax Rate Tax Amount O. FOSS Tax Rate Inal They 4800.00 3.200.00 1,200.00 1.100.00 Kesha Choo Is 0.00 Tax Rate Tax Amount B) Employer's BUTA Taxes Earnings Employee Bubject to Tax Tax Rate Dali $ 4.900.00 They 3.200.00 Kesha 1,200.00 Choo 1.800.00 IS 0.00 7) Esch Employee's Nattake-home) Pay Employee Dall Trey Kecha Chee Total Gross Play $ 4,900.00 Is 3200,00 $ 1.200.00 $ 1.800.00 $ 11,000.00 Income Tax 412.00 38700 37.00 BRDO wthholding IFICA-SO FICA. Sodal 297.66 198.40 111.50 52.00 Security FICA - Medicare 17.40 26.10 158.50 Health Insurance 39.00 39.00 39.00 39.00 156.00 Not Pay $ 3981.80 $ 2.529.20 $ 2.529.20 $ 1.022.20 $ 1.595.30 $ 9, 119.50 3) Employers total payroll-related expense for each employee Employee Dall Trey Klocha Gross Pay 4800.00 $ 3.200.00 $ 1.200.000 FICA - Social 297.60 198.40 74.40 So Chee $ 1.800.00 111.50 Total 11.000.00 682.00
