I need help completing all of part B please
Check mywrk Exercise 9-11A Calculating employee and employer payroll taxes LO 9-5 3.57 Sky Co. employed Tom Mills in Year 1. Tom earned $5,100 per month and worked the entire year. Assume the Social Security tax rate is 6 percent for the first $110,000 of earnings, and the Medicare tax rate is 1.5 percent. Tom's federal income tax withholding amount is $910 per month. Use 5.4 percent for the state unemployment tax rate and 0.6 percent for the federal unemployment tax rate on the first $7,000 of earnings per employee. points Required a. Answer the following questions 1. What is Tom's net pay per month? 2. What amount does Tom pay monthly in FICA payroll taxes? 3. What is the total payroll tax expense for Sky Co. for January Year 1? February Year 1? March Year 1? December Year 1 b. Assume that instead of $5,100 per month Tom eaned $9.500 per month. Answer the following questions 1. What is Tom's net pay per month? 2. What amount does Tom pay monthly in FICA payrol taxes? 3. What is the total payroll tax expense for Sky Co. for January Year 17 February Year 17 March Year 17 December Year 1 eBook Hint Print Complete this question by entering your answers in the tabs below. Required A3 Required B1 Required 82 Required 83 Required A1 Required A2 Assume that instead of $5,100 per month Tom earned $9,500 per month. What is Tom's net pay? (Round your answers to 21 decimal places.) Net Pay S 7.877 50 January to November (per month) S 8.183.50 December eguired 82 eguired A3 11 11 Help Save&Ext Subeit Exercise 9-11A Calculating employee and employer payroll taxes LO 9-5 Check y work Sky Co. employed Tom Mills in Year 1. Tom earned $5,100 per month and worked the entire year. Assume the Social Securty tax rate is 6 percent for the first $110,000 of earnings, and the Medicare tax rate is 1.5 percent. Tom's federal income tax withholding amount is $910 per month. Use 5.4 percent for the state unemployment tax rate and 0.6 percent for the federal unemployment tax rate on the first $7,000 of earnings per employee. 3.57 points Required a. Answer the following questions 1. What is Tom's net pay per month? 2. What amount does Tom pay monthly in FICA payroll taxes? 3. What is the total payroll tax expense for Sky Co. for January Year 17 February Year 1? March Year 17 December Year 17 b. Assume that instead of $5,100 per month Tom eamed $9,500 per month. Answer the following questions 1. What is Tom's net pay per month? 2. What amount does Tom pay monthly in FICA payroll taxes? 3. What is the total payroll tax expense for Sky Co. for January Year 1? February Year 17 March Year 17 December Year 1 eBook Hint Print Complete this question by entering your answers in the tabs below. Required A3 Reouired B1 Requiredlaz Required 83 Required A Required A2 Assume that instead of $5,100 per month Tom earned $9,500 per month What amount does Tom pay monthly in FICA payro taxes? (Round your answers to 2 decimal places.) FICA Payroll Tax S 712 50 406 50 January to November (per month) December Required 83 Beguired B1 Save & Exit Submit 11 Exercise 9-11A Calculating employee and employer payroll taxes LO 9-5 Check my work 3.57 Sky Co. employed Tom Mills in Year 1. Tom earned $5100 per month and worked the entire year Assume the Social Security tax rate is 6 percent for the first $110,000 of earnings, and the Medicare tax rate is 1.5 percent. Tom's federal Income tax withholding amount is $910 per month. Use 5.4 percent for the state unemployment tax rate and 0.6 percent for the federal unemployment tax rate on the first $7000 of earnings per employee. points Required a. Answer the following questions: 1. What is Tom's net pay per month? 2. What amount does Tom pay monthly in FICA payroll taxes? 3. What is the total payroll tax expense for Sky Co. for January Year 1? February Year 1? March Year 17 December Year 1 b. Assume that instead of $5,100 per month Tom eaned $9,500 per month Answer the folowing questions. 1. What is Tom's net pay per month? 2. What amount does Tom pay monthly in FICA payroll taxes? 3. What is the total payroll tax expense for Sky Co. for January Year 17 February Year 17 March Year 17 December Year 1 eBook Hint Print Complete this question by entering your answers in the tabs below. ured 8 Required 82 Required B Required A2 Required A3 Required Al Assume that instead of $5,100 per month Tom earned $9,500 per month, What is the total payroll tax expese for Sy Co tor January Year 17 February Year 17 March Year 17 December Year 17 (Round your answers to 2 decimal places) Total Employer Payroll Tax 1,132 50 712.50 January February 712 50 March 472 50 December Next > 11 of 14 Drey
