Chapter 09 Homework Saved Required information Part 1 of 3 [The following information applies to the questions displayed below.] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $127,200 paid to its employee, and FICA Medicare taxes are 1.45% of grosS pay. For BMx, its FUTA taxes are 3.1% and SUTA taxes are 2.9% of the first $7,000 paid to its employee. polnts Gross Pay through August 31 5,100 3,100 Gross Pay for September $2,200 2,700 8,600 . b. ook 120,900 C. Hint Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations (a), (b), and (c). (Round your answers to 2 decimal places. Leave no cells blank.) Print a) September Earnings Subject to Tax Tax Rate Tax Amount References ax FICA-Social Security FICA-Medicare FUTA SUTA b) September Earnings Subject to Tax ax Tax Rate Tax Amount FICA-Social Security FICA-Medicare FUTA SUTA c) September Earnings Subject to Tax Tax Amount ax Tax Rate FICA-Social Security FICA-Medicare FUTA SUTA 00 Chapter 09 Homeworki Saved Required information Part 2 of 3 [The following information applies to the questions displayed below.] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $127,200 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 3.1% and SUTA taxes are 2.9% of the first $7,000 paid to its employee. 1 polnts Gross Pay through August 31 $5,100 3,100 120,900 Gross Pay for September $2,200 2,700 a. b. ook 8,600 c. Hint Assuming situation a, prepare the employer's September 30 journal entries to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. Print Complete this question by entering your answers in the tabs below. References Employee Paid Taxes General Journal Assuming situation a, calculate the employee-paid taxes. The employee's federal income taxes withheld by the employer are $80 for this pay period. (Round your answers to 2 decimal places.) Taxes to be With held From Gross Pay (Employee- Paid Taxes) September Earnings Subject to Tax Tax Rate Tax Amount Federal income tax $ 80.00 General Journal