Exercise 11-9 Computing payroll taxes LO P2, P3 Mest Company has nine 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. FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to each employee. Cumulative pay for the current year for each of its employees follows. Employee Cumulative Pay Employee Cumulative Pay Employee Cumulative Pay Kens $ 6,400 Michelle W $153,500 Lori K $140, 900 Tim v 50,400 Michael M 116,900 Kitty 0 46,900 Steve S 97.000 Zach R 138,400 John W 14,000 800 a. Compute the amounts in this table for each employee. b. For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxes. Complete this question by entering your answers in the tabs below. Required A Required B Compute the amounts in this table for each employee Play Subject to Pay Subject Pay Subject Pay Subject Required A Required B Compute the amounts in this table for each employee. Employee Ken S Tim V Steve S Michelle W Michael M Zach R Lori K Kitty o John W Totals Pay Subject to Pay Subject Pay Subject Pay Subject Cumulative FICA Social to FICA to FUTA 'to SUTA Pay Security Medicare Taxes Taxes $ 6,400 $ 6,400 $ 6,400 $ 6,400 $ 6,400 50,400 50,400 50,400 7,000 7,000 97,000 97,000 97,000 7,000 7,000 153,500 153,500 7,000 7,000 116,900 116,900 116.900 7,000 7,000 138,400 138,400 7,000 7,000 140,900 140,900 7,000 7,000 46,900 46,900 46,900 7,000 7,000 14,000 14,000 14,000 7,000 7,000 $ 764,400 $ 331,000 $ 764,400 $ 62.400 $ 62.400 Required B Complete this question by entering your answers in the tobs below. Required A Required B For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and (Round your final answers to decimal places.) Tax Paid by Employee Tax Paid by Employer Total Tax FICA Social Security taxes FICA Medicare taxes FUTA taxes SUTA taxes