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Mest Company has nine employees. FICA Social Security taxes are 6.2% of the first $128.400 paid to each employee, and FICA Medicare taxes are 1.45%

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Mest Company has nine employees. FICA Social Security taxes are 6.2% of the first $128.400 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. FUTA taxes are 0.6% and SUTA taxes are 5,4% of the first $7,000 paid to each employee. Cumulative pay for the current year for each of its employees follows. Employee Cumulative Pay Employee Cumulative Pay Employee Cumulative Pay Ken 5 $ 6,000 Michelle W $143,500 Lori k $139,900 Tin v 40,400 Michael M 106,900 Kitty o 36,900 Steve S 87,000 Zach R 128,400 John W 4,000 a. Compute the amounts in this table for each employee. b. For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxes. Complete this question by entering your answers in the tabs below. Required A Required B Pay Subject to FUTA Taxos Pay Subject to SUYA Taxes Compute the amounts in this table for each employee. Pay Subject to Pay Subject Cumulative RICA Social to FICA Employee Pay Security Medicare Kons $ 6,000 Tim V 40.400 Steve S 87,000 Michelle W 143,500 Michael M 106,900 Zach R 128.400 Lork 130,000 Kitty 36,900 John W 4.000 Mest Company has nine employees. FICA Social Security taxes are 6.2% of the first $128.400 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to each employee. Cumulative pay for the current year for each of its employees follows. Employee Cumulative Pay Employee Cumulative Pay Employee Cumulative Pay Kem 5 $ 6,000 Michelle w $143,500 Lori K $130,980 Tim v 40,400 Michael M 106,900 Kitty O 36,900 Steve s 87,000 Zach R 128,400 John W 4,000 a. Compute the amounts in this table for each employee. b. For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxes. Complete this question by entering your answers in the tabs below. Required A Required B For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxes. (Round your final answers to 2 decimal places) Tax Pald by Employee Tex Paid by Employer Total Tax FICA Social Security taxes FICA Medicare taxes FUTA taxes SUTA taxes

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