Exercise 13-7 (Part Level Submission) Martinez Hardware Company's payroll for November 2017 is summarized below Amount Subject to Payroll Taxes Unemployment Tax Wages Due Payroll Factory Sales Administrative FICA Federal State $37,000 4,400 $37,000 4,400 $122,600 $122,600 29,700 29,700 35,500 $187,800 $187,800 35,500 Total $41,400 $41,400 At this point in the year, some employees have already received wages in excess of those to which payroll taxes apply. Assume that the state unemployment tax is 2.5%. The FICA is 7.65% on an employee's wages to $118,500 and 1.45% in excess of $118,500. Of the $187,800 wages subject to FICA tax, $18,700 of the sales wages is in excess of $118,500 Federal unemployment tax rate is 0.8% after credits. Income tax withheld amounts to $15,700 for factory, 6,600 for sales, and $5,500 for administrative Your answer is correct. Prepare a schedule showing the employer's total cost of wages for November by function. (Round answers to 0 decimal places, e.g. 5,275.) Factory Sales Administrative Total Salaries and Wages 122600 29700 35500 187800 FICA Taxes 9378.90 1112.65 2715.75 13207.3