Fishing Guides Co. has four employees. FICA Social Security taxes are 6.2% of the first $118,500 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. Also, for the first $7,000 paid to each employee, the companys FUTA taxes are 0.6% and SUTA taxes are 1.75%. The company is preparing its payroll calculations for the week ended September 30. Payroll records show the following information for the companys four employees.

	A	B	C	D
1	Name	Gross Pay through Sep. 23	Current Week
2			Gross Pay	Income Tax Withholding
3	Ahmed	$116,900	$2,500	$198
4	Carlos	116,985	1,515	182
5	Jun	6,650	475	32
6	Marie	23,700	1,000	68

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In addition to gross pay, the company must pay 60% of the $50 per employee weekly health insurance; each employee pays the remaining 40%. The company also contributes an extra 5% of each employees gross pay (at no cost to employees) to a pension fund.

Required

Compute the following for the week ended September 30 (round amounts to the nearest cent):

1. Each employees FICA withholdings for Social Security.
2. Each employees FICA withholdings for Medicare.
3. Employers FICA taxes for Social Security.

Check (3) $284.58

4. Employers FICA taxes for Medicare.

(4) $79.61

5. Employers FUTA taxes.

(5) $2.10

6. Employers SUTA taxes.
7. Each employees net (take-home) pay.

(7) Total net pay, $4,565.81

8. Employers total payroll-related expense for each employee.