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In 20-- the annual salaries paid each of the officers of Perez, Inc., follow. The officers are paid semimonthly on the 15th and the last

In 20-- the annual salaries paid each of the officers of Perez, Inc., follow. The officers are paid semimonthly on the 15th and the last day of the month. Compute the FICA taxes to be withheld from each officers pay on (a) November 15 and (b) December 31.

a.

November 15

Name and Title

Annual Salary

OASDI Taxable Earnings

OASDI Tax

HI Taxable Earnings

HI Tax

Perez, Paul, President

$168,000

_________

_________

_________

_________

Donald, Donna, VP Finance

148,800

_________

_________

_________

_________

Funke, Jack, VP Sales

76,800

_________

_________

_________

_________

Weis, Al, VP Mfg.

92,400

_________

_________

_________

_________

Lang, Hope, VP Personnel

78,000

_________

_________

_________

_________

Lee, Amy, VP Secretary

52,800

_________

_________

_________

_________

b.

December 31

Name and Title

Annual Salary

OASDI Taxable Earnings

OASDI Tax

HI Taxable Earnings

HI Tax

Perez, Paul, President

$168,000

_________

_________

_________

_________

Donald, Donna, VP Finance

148,800

_________

_________

_________

_________

Funke, Jack, VP Sales

76,800

_________

_________

_________

_________

Weis, Al, VP Mfg.

92,400

_________

_________

_________

_________

Lang, Hope, VP Personnel

78,000

_________

_________

_________

_________

Lee, Amy, VP Secretary

52,800

_________

_________

_________

_________

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