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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 Ken 5 Tim v Steve s Cumulative Pay $ 6,200 41,480 88,eee Employee Michelle W Michael M zach R Cumulative Day $111.00 32,000 Cumulative Pay $144,580 107,900 129,400 Employee Lorik Kitty O John 5,00 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 aces Compute the amounts in this table for each employee. Pay Subject to RUTA Taxes Employee Kens Tim V Steve S Michele w Michael M Zach R Lorik Koty yo John W Totals Pay Subject to Pay Subject Pay Subject Cumulative FICA Social to FICA to FUTA Pay Security Medicare Taxes $ 0.200 41.400 38.000 144,500 107.000 120,400 131,000 37.000 5.000 5 302.2005 5 os Required 8 > HW 0 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 145% 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 Ken 5 Ti v Steve 5 Cumulative Pay $ 6,200 41,40e 88.00 Employee Michelle W Michael Zach R Cumulative pay $144,500 107,900 129,400 Employee Lori K Kitty o John W Cumulative Pay $131,900 37,900 5.000 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 Paid by Employee Tax Paid by Employer Total Tax FICA Social Security taxes FICA Medicare taxes FUTA taxes SUTA taxes

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