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Mest Company has nine employees. FICA Social Security taxes are 6.2% of the first $137,700 pald 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 $137,700 pald 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 pald to each employee. Cumulative pay for the current year for each of its employees follows. Cumulative Cumulative Cumulative Employee Pay Employee Pay Employee Pay Ken S $ 5,700 Julie W Christina $ 150,090 S 141,509 Tim V 46,909 Michael M 113, 400 Kitty 0 43, 409 Steve 5 93,500 Zach A 137, 780 John W 6,800 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. Anit Remember to Include In those totals any employee share of taxes that the company must collect. Complete this question by entering your answers in the tabs below. Required Required A B Compute the amounts in this table for each employee. Pay Cumulative Subject to Pay Pay Pay Employee Subject to Subject to Subject to FICA Pay Social FICA FUTA SUTA Security Medicare Taxes Taxes Ken S $ 5,700 Tim V 16,900 Steve S 93,500 Julie W 150,000 Michael M 113,400 Zach R 137,700 Christina S 141,500 Kitty O 43,400 John W 6,800 Totals $ 738,900 Mest Company has nine employees. FICA Social Security taxes are 6.2%% of the first $137,700 pald 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 pald to each employee. Cumulative pay for the current year for each of its employees follows. Cumulative Cumulative Cumulative Employee Pay Employee Pay Employee Pay Ken 5 $ 5,700 Julie W $ Christina $ 150,090 S 141,500 Tin V 46,900 Michael M 113, 400 Kitty 0 43 , 400 Steve 5 93,500 Zach R 137,700 John W 6,800 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. Anit Remember to Include In those totals any employee share of taxes that the company must collect. Complete this question by entering your answers in the tabs below. Required Required A B For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxes. Hint: Remember to include in those totals any employee share of taxes that the company must collect. Note: Round your final answers to 2 decimal places. Show lessA Tax Paid by Tax Paid by Employer Total Tax Employee FICA Social Security taxes FICA Medicare taxes FUTA taxes SUTA taxes

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