H ! Required information Use the following information for the Exercises below. (Algo) [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. Tax a. .b. Exercise 9-7 (Algo) Computing payroll taxes LO P2, P3 Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations (a), (b), and (c). Note: Round your answers to 2 decimal places. Gross Pay through Gross Pay for August 31 $ 5,000 September $ 2,100 2,500 131,900 2,600 8,500 FICA-Social Security FICA-Medicare FUTA SUTA b) Tax FICA-Social Security FICA-Medicare FUTA SUTA c) Tax September Earnings Subject to Tax September Earnings Subject to Tax September Earnings Subject to Tax Tax Rate Tax Rate Tax Rate Tax Amount Tax Amount Tax Amount

Required information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below] BMX Company has one employee. FCA 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. Exercise 9-7 (Algo) Computing payroll taxes LO P2, P3 Compute BMXs amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations (a). (c), and (c). Note: Round your answers to 2 decimal places