Exercise 11-10

Employee earnings records for Slaymaker Company reveal the following gross earnings for four employees through the pay period of December 15.

J. Seligman

$89,800

R. Eby

$114,400

L. Marshall		$115,500
		T. Olson $123,000

For the pay period ending December 31, each employees gross earnings is $4,600. The FICA tax rate is 6.2% on gross earnings of $117,000, plus an additional 1.45% on all salary and wages without limitation. Compute the FICA withholdings that should be made for each employee for the December 31 pay period. (Round answers to 2 decimal places, e.g. 52.75.)

J. Seligman $ L. Marshall $ R. Eby $ T. Olson $