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Computing payroll taxes Required information [The following information applies to the questions displayed below.] BMX Company has one employee. FICA Social Security taxes are 6.2%

Computing payroll taxes
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Required information [The following information applies to the questions displayed below.] BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 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. impute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three parate situations (a),(b), and (c). te: Round your answers to 2 decimal places. \begin{tabular}{|l|l|l|l|} \hline a) & \multicolumn{1}{|c|}{SeptemberEarningsSubjecttoTax} & Tax Rate & Tax Amount \\ \hline FICA-Social Security & & & \\ \hline FICA-Medicare & & & \\ \hline FUTA & & & \\ \hline SUTA & & & \\ \hline \end{tabular} b) \begin{tabular}{|l|l|l|l|} \hline Tax & SeptemberEarningsSubjecttoTax & Tax Rate & Tax Amount \\ \hline FICA-Social Security & & & \\ \hline FICA- Medicare & & & \\ \hline FUTA & & & \\ \hline SUTA & & & \\ \hline \end{tabular} c) \begin{tabular}{|l|l|l|l|} \hline c) & SeptemberEarningsSubjecttoTax & Tax Rate & Tax Amount \\ \hline FICA-Social Security & & & \\ \hline FICA-Medicare & & & \\ \hline FUTA & & & \\ \hline SUTA & & & \\ \hline \end{tabular}

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